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56.25 11.25%. Again, assume that the bond pays semiannual interest payments and has three years to maturity. If you round the bond's intrinsic value to

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56.25 11.25%. Again, assume that the bond pays semiannual interest payments and has three years to maturity. If you round the bond's intrinsic value to O When the coupon rate is greater than Olivia's required return, the bond should trade at a premium

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