Question: BertyFl has estimated that the required return on the following Putco bond is 12.4%. If the bond is being evaluated in the current month of

BertyFl has estimated that the required return on the following Putco bond is 12.4%. If the bond is being evaluated in the current month of 2020 and matures in the current month of the year indicated, based on this information, how much is the bond over- or under-priced? Bond Coupon (%) Maturity Last Price% of par) Putco 8.00 2026 96.575 Over-priced by $34.25 Under-priced by $34.25 Under-priced by $182.44 Under-priced by $148.19 Over-priced by $148.19 Over-priced by $182.44

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