Question: need help with this question i will gove thumbs up if right , thanks STEP: 3 of 3 a Now, consider the situation in which

need help with this question i will gove thumbs up if right , thanks
need help with this question i will gove thumbs up if right

STEP: 3 of 3 a Now, consider the situation in which Noah wants to eam a return of 5% on a $1,000 par value bond, but the bond being considered for purchase offers a coupon rate of 7%. Again, assume that the bond pays semiannual interest payments and has three years to maturity. If you round the bond's intrinsic value to the nearest whole dollar, then its intrinsic value of its par value, so that the bond is trading at Grade Final Samp TOTAL SCORE: 4/5 Grade It Now Save & Continue

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