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a 9 percent coupon bond that pays interest semi-annually, matures in 5 years, and has a yield to maturity of 10 percent. the intrinsic value

a 9 percent coupon bond that pays interest semi-annually, matures in 5 years, and has a yield to maturity of 10 percent. the intrinsic value of the bond today will be:

a) $961.39

b) $1,077.20

c) $1,000

d) $962.09

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