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Compute the intrinsic value of a 15% coupon 4 years maturity bond whose face value...

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Finance

Compute the intrinsic value of a 15% coupon 4 years maturity bond whose face value ( 1000t) will be paid in equal instalments.15% for the 1st year, 16,5 % for the 2nd and 3rd years and 17% for the 4th year ?

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