Calculate the value of a bond that matures in 17 years and has a $ 1 comma 000 par value.  The annual coupon interest rate is 8 percent and the​ market's required yield to maturity on a​ comparable-risk bond is 15 percent.
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Calculate the value of a bond that matures in 17 years and has a $1,000 par value. The annual coupon interest rate is 8 percent and the market's required yield to maturity on a comparable-risk bond is 15 percent.

Learn how to calculate the value of a bond with a 17-year maturity, $1,000 par value, 8% annual coupon interest rate, and a 15% market yield. This tutorial covers the formula for bond valuation and the key financial concepts like discounting cash flows and the time value of money.

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