###### Answer: B. $960.14

39. A coupon bond that pays interest annually has a par value of $1 000 matures in 7 years and has a yield to maturity of 9.3%. The i…

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# [Answer] 39. A coupon bond that pays interest annually has a par value of $1 000 matures in 7 years and has a yield to maturity of 9.3%. The intrinsic value of the bond today will be ______ if the coupon rate is 8.5%. A. $712.99B. $960.14C. $1 123.01D. $886.28E. $1 000.00

###### Answer: B. $960.14

39. A coupon bond that pays interest annually has a par value of $1 000 matures in 7 years and has a yield to maturity of 9.3%. The i…

Answers to multiple-choice questions (MCQs)