What is the value of a $1,000 denomination bond with a 7% coupon rate maturing in 20 years if the investor whose required rate of return is: 8%, 7%, and 5%?

Hi, dnbrown68!

Greetings and WELCOME to the site! I just moved your question that you had posted in Introductions to this topic area so that it would get the most exposure to those who are best able to answer it. Introductions is for people to introduce themselves and we try to not ask questions there.

We would appreciate it if you would return to Introductions sometime to tell us a little about yourself though, if you would be willing to do that.

Thanks!