What is the intrinsic value of jaysons bond with 20 years
A corporate bond pays interest annually, has a coupon rate of 6%, a face value of $1,000, and has a market interest rate of 6.5%. What is the intrinsic value of Jayson's bond with 20 years to maturity?
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1 nbsp22500 nbsp75002 nbsp18750 nbsp112503 nbsp15000 nbsp150004 nbsp11250 nbsp187505 nbsp7500 nbsp22500totals nbsp75000
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