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A coupon bond which pays interest semi-annually has a par value of $1,000, matures in 8 years, and has a yield to maturity of 7%.

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A coupon bond which pays interest semi-annually has a par value of $1,000, matures in 8 years, and has a yield to maturity of 7%. If the coupon rate is 6%, the intrinsic value of the bond today will be (to the nearest dollar). O A. $1,000 O B. $1,063 O C. $940 OD. $900

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