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Question 9 A 12 year annual payment corporate bond has a market price of $925 and a face value of $1000. It pays annual

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Question 9 A 12 year annual payment corporate bond has a market price of $925 and a face value of $1000. It pays annual interest of $60 and its required rate of return is 7%. By how much is the bond mispriced? $0.00 O Overpriced by $7.57 O Underpriced by $7.57 O Overpriced by $4.43 Underpriced by $4.43

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