Question: Please show work 6. Five years ago, INTEL Corporation issued an 6.33% coupon (paid semi-annually), 10-year, AArated bond at its par value of $1000. Currently,

Please show work 6. Five years ago, INTEL Corporation issued an 6.33% Please show work

6. Five years ago, INTEL Corporation issued an 6.33% coupon (paid semi-annually), 10-year, AArated bond at its par value of $1000. Currently, the yield to maturity on these bonds is 8%. Calculate the price of the bond today. ParValue(1+r)n1+Coupon(r1(1+r)n1)

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