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A coupon bond issued by an Australian company in Sydney pays annual interest, has a par value of $1,000, matures in 13 years, has a

A coupon bond issued by an Australian company in Sydney pays annual interest, has a par value of $1,000, matures in 13 years, has a coupon rate of 8.43% per annum, and has a yield to maturity of 3.13% per annum. The current intrinsic value of the bond should be $Answer Question 4 . (Note: answer must be accurate to nearest cent, or 2 decimal places but you may leave your answer with more than 2 decimal places.)

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