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Question 1 Guntion Inc. bonds have a 12-year maturity, a 9% coupon paid semiannually, and a par value of $1,000. If your required rate
Question 1 Guntion Inc. bonds have a 12-year maturity, a 9% coupon paid semiannually, and a par value of $1,000. If your required rate of retum is 8% what is the intrinsic value of the bond? Round to two decimal places (Ex $000.00)
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International Money and Finance
Authors: Michael Melvin, Stefan C. Norrbin
8th edition
978-8131234136, 123852471, 978-0123852472
