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(Bond Valuation with Annual Payments) A corporate bond pays interest annually, has 10 years to maturity a face value of $1,000, and has a market

(Bond Valuation with Annual Payments) A corporate bond pays interest annually, has 10 years to maturity a face value of $1,000, and has a market interest rate of 6.1% What is the intrinsic value of Jayson's bond with: a. 5% coupon rate b. 6% coupon rate? c. 7% coupon rate. d. 8% coupon rate?

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