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27. An 12 year annual payment corporate bond has a market price of $925. It pays annual interest of $60 and its required rate of

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27. An 12 year annual payment corporate bond has a market price of $925. It pays annual interest of $60 and its required rate of return is 7%. By how much is the bond mispriced? A) $0.00 B) Overpriced by $7.29 C) Underpriced by $7.29 D) Overpriced by $4.43 E) Underpriced by $4.43

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