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Big Manufacturer Corporation's bonds have a 1 0 - year maturity, a 5 . 7 5 % coupon rate with interest paid semiannually, and a
Big Manufacturer Corporation's bonds have a year maturity, a coupon rate with interest paid semiannually, and a par value of $ The nominal required rate of return on these bonds is What is the bond's intrinsic value, or what should they be selling for? Enter your answer rounded to two decimal places. Do not enter $ or comma in the answer box. For example, if your answer is $ then enter as in the answer box.
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