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LRQ Inc. issued bonds on April 18, 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 April 18, 2036. What is the intrinsic value of an LRQ Corporation bond today (April 18, 2020) to an investor with a required return of 7%?
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LRQ Inc. issued bonds on April 18, 2006. The bonds had a coupon rate of 5.5%, with interest paid sem...
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