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A corporate bond has a 12% coupon rate, pays interest semiannually, and matures in 15 years. The band's par value is 51.000. If the investors'
A corporate bond has a 12% coupon rate, pays interest semiannually, and matures in 15 years. The band's par value is 51.000. If the investors' annual required rate of return is 10%, the intrinsic value of the bond should be: O $1.154 $1.220 O $2,230 $1,830 O $1,231
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