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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Financial Management: What is the intrinsic value of a 10000 8 annual coupon
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