Question: Consider a Microsoft bond with 1 5 years to maturity. The bond pays interest semi - annually, has a par value of $ 1 0

Consider a Microsoft bond with 15 years to maturity. The bond pays interest semi-annually, has a par value of $1000, a coupon rate of 5.00%, and a yield to maturity of 6.00%. What is the bonds intrinsic value?

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