maturity OITa William called his broker to inquire about purchasing Sally Ruth Corporate bonds. The $1,000 par value bonds pay an annual coupon interest of 10 per- cent on a quarterly basis, mature in 10 years, and are currently priced at $884 each. Similar bonds are currently yielding 13 percent. Is the bond over-priced, under-priced, or correctly priced? Show calculations to support your answer 10-6