An investor is evaluating a 5-year bond issued by Alpha Ltd. to determine its intrinsic value, yield, and interest rate sensitivity. The investor is using fundamental principles of bond valuation to decide whether the security is correctly priced in the current market environment.

**Market and Security Data**
**Face Value (F):** ₹1,000
**Coupon Rate:** 8% per annum (paid annually)
**Yield to Maturity (YTM or kd):** 14%
**Time to Maturity (n):** 5 years

**Present Value Interest Factors (PVIF) at 14%:**
Year 1: 0.877
Year 2: 0.769
Year 3: 0.675
Year 4: 0.592
Year 5: 0.519