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A 10-year annual payment corporate bond has a market price of $1,050. It pays annual interest of $100 and its required rate of return is

A 10-year annual payment corporate bond has a market price of $1,050. It pays annual interest of $100 and its required rate of return is 9 percent. By how much is the bond mispriced?

A. $0.00

B. Overpriced by $14.18

C. Underpriced by $14.18

D. Overpriced by $9.32

E. Underpriced by $9.32

Could you tell me how to answer it by the financial calculator (step by step)

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