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Oil Well Supply offers 7.5 percent coupon bonds with semiannual payments and a yield to maturity of 7.68 percent. The bonds mature in 6 years. What is the market price per bond if the face value is $1,000?

$989.70

$991.47

$996.48

$1,002.60

$1,013.48

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M941094

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