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Guntion Inc. bonds have a 25-year maturity, a 10% coupon paid semiannually, and a par value of $1,000. If your required rate of return is
Guntion Inc. bonds have a 25-year maturity, a 10% coupon paid semiannually, and a par value of $1,000. If your required rate of return is 13% what is the intrinsic value of the bond? Round to two decimal places (Ex. $000.00)
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