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The XY Company's bonds mature in 10 years, have a par value of $1,000 and an annual coupon rate of 9%. Interest rates are paid

The XY Company's bonds mature in 10 years, have a par value of $1,000 and an annual coupon rate of 9%. Interest rates are paid semiannually. The market interest rate are now is 14%. What is the intrinsic price of these bonds? Show the Intrinsic Value. Compute the Discount or the Premium for the bond

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