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A 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

A 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 percent.By how much is the bond mispriced?

An eight-year corporate bond has a 7 percent coupon rate. What should be the bond's price if the required return s 6 percent and the bond pays interest semiannually?

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