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According to the intrinsic value of the bond from Q1, is the bond selling at a premium, at a discount, or at par? Premium Discount

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According to the intrinsic value of the bond from Q1, is the bond selling at a premium, at a discount, or at par? Premium Discount At par Suppose that the MU corporation has a $1000 par value bond with three years remaining and a 4% annual coupon rate. If bonds with similar risk are priced to yield a 6% rate of return, what is the intrinsic value of this MU bond? $850 $947 51,056 51,318 None of the above

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