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11 A coupon bond that pays interest annually has a par value of $1,000, matures in six years, and has a yield to maturity of

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11 A coupon bond that pays interest annually has a par value of $1,000, matures in six years, and has a yield to maturity of 11%. The intrinsic value of the bond today will be if the coupon rate is 7.5%. Multiple Choice $1,000.00 O O $1,123.01 O $712.99 O $851.93 O $886.28

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