A Facebook, Inc. coupon bond that pays interest semiannually has a par value of $1,000, matures in 10 years, and has a y

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answerhappygod
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A Facebook, Inc. coupon bond that pays interest semiannually has a par value of $1,000, matures in 10 years, and has a y

Post by answerhappygod »

A Facebook, Inc. coupon bond that pays interest semiannually has
a par value of $1,000, matures in 10 years, and has a yield to
maturity of 6%. If the coupon rate is 7%, the intrinsic value
(price) of the bond today will be ________. Group of answer choices
$1,100.03 $1,074.39 $1,000 $1,091.82
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