Grand adventure properties offers a 6 percent coupon bond, Ask an Expert

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Grand Adventure Properties offers a 6 percent coupon bond with annual payments. The yield to maturity is 4.85 percent and the maturity date is 7 years from today. What is the market price of this bond if the face value is $1,000?

$621.05

$1014.13

$947.23

$1066.91

$1079.42

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Financial Management, Finance

Category:- Financial Management
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