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SHOW EXCEL FORMULA A coupon bond that pays interest semi-annually has a par value of $1,000, matures in 7 years, and has a yield to

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A coupon bond that pays interest semi-annually has a par value of $1,000, matures in 7 years, and has a yield to maturity of 9.2%. The intrinsic value of the bond today will be if the coupon rate is 9.5%

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