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SWH Corporation issued bonds on January 1, 2004. 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 January 1, 2019. What is the intrinsic value of an SWH Corporation bond on January 1, 2010 to an investor with a required return of 7%?

A $901.08
B $902.27
C $1,000.00
D $1,104.28

User SonDang
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1 Answer

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it should be the Second one that fits the best answer
User Van Peer
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