What is principal amount to be repaid at end of ten years, Financial Accounting

What is principal amount to be repaid at end of ten years

Problem

Consider a ten-year coupon bond that has a present value of $10,000. If the rate of discount is 5 percent, and the payment made at the end of each year is $500, what is the principal amount to be repaid at the end of ten years? Show your work.

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Financial Accounting: What is principal amount to be repaid at end of ten years

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