Find the current intrinsic value of the bond

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Question - A coupon bond issued by an Australian company in Sydney pays annual interest, has a par value of $1,000, matures in 23 years, has a coupon rate of 8.11% per annum, and has a yield to maturity of 19.50% per annum. Find the current intrinsic value of the bond?

Reference no: EM132984554

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