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borteleto borteleto
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5 years ago
LRQ Inc. issued bonds on July 1, 2006. The bonds had a coupon rate of 5.5%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on July 1, 2021. What is the intrinsic value of an LRQ Corporation bond on July 1, 2012 to an investor with a required return of 7%?
A) $901.08
B) $902.27
C) $1,000.00
D) $1,104.28
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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DeanaRayDeanaRay
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borteleto Author
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#2
5 years ago
Oh god, I was lost before coming here. Thanksss
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#3
5 years ago
Great, make sure you mark the topic solved, it hides it from other eyes Slight Smile
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#4
4 years ago
Great
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#5
3 years ago
Thank you
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#6
3 years ago
THANK YOU
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