What is the intrinsic value of a 10000 8 annual coupon
What is the intrinsic value of a $10,000 , 8% annual coupon bond with a current yield to maturity of 7.2% and which will mature in 10 years if the coupon payments are made semi-annually?
a. $10,834
b. $6,662
c. $10,557
d. $10,563
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