Answer:
$792.09
Explanation:
Calculation for how much that was received upon a bond's maturity
Using this formula
Amount received=Amount received to be received upon a bond's maturity /(1+Discount rate)^Bond's maturity years
Let plug in the formula
Amount received=$1,000/(1+0.06)^4
Amount received=$1,000/(1.06)^4
Amount received= $792.09
Therefore how much that was received upon a bond's maturity will be $792.09
