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What is the intrinsic value of a $10,000, 8% annual coupon bond with a current yield to maturity of 7.2% and which will mature in 10 years if the coupon payments are made semi-annually?  

Question Description

What is the intrinsic value of a $10,000, 8% annual coupon bond with a current yield to maturity of 7.2% and which will mature in 10 years if the coupon payments are made semi-annually?