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Posted on Jul 30, 2024

A corporate bond pays interest annually has a coupon rate of 6% a face value of 1000 and has a market interest rate of 6.5%.

A corporate bond pays interest annually has a coupon rate of 6% a face value of 1000 and has a market interest rate of 6.5%. What is the intrinsic value of jayson's bond with 20 years to maturity?

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