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The 40 par value bond with maturity in two years and 5 semi-annual coupon is trading for 50. If the Yield to maturity is 7%,

The 40 par value bond with maturity in two years and 5 semi-annual coupon is trading for 50. If the Yield to maturity is 7%, the bond is: Please show how to solve in financial calculator (no excel) A) Over-valued B) Fairly-valued C) Under-valued D) Over-valued or undervalued applies only to stocks priced through CAPM. E) Insufficient Information

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