Question: Question 9 1 pts A corporate bond has a 12% coupon rate, pays interest semiannually, and matures in 15 years. The bond's par value is

 Question 9 1 pts A corporate bond has a 12% coupon

Question 9 1 pts A corporate bond has a 12% coupon rate, pays interest semiannually, and matures in 15 years. The bond's par value is $1,000. If the investors' annual required rate of return is 10%, the intrinsic value of the bond should be: O $1,830 O $2.230 O $1,154 O $1,220 O $1,231

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