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A coupon bond that pays interest semiannually has a par value of $1,000, matures in 18 years, and has a yield to maturity of 9%.

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A coupon bond that pays interest semiannually has a par value of $1,000, matures in 18 years, and has a yield to maturity of 9%. If the coupon rate is 9%, the intrinsic value of the bond today will be $ (Please use or round to 2 decimal places, for example, if your answer is $963.0389, enter 963.04, if your answer is $1,000, enter 1000.00 ) Your Answer: Answer Question 37 (1ipoint) A coupon bond that pays interest semiannually has a par value of $1,000, matures in 13 years, and has a yield to maturity of 7.0%. If the coupon rate is 7%, the intrinsic value of the bond today will be $. (Please use or round to 2 decimal places, for example, if your answer is $1,083.3892, enter 1083.39, if your answer is $1,000, enter 1000.00 )

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