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16. Wine and Roses, Inc. offers a 5.0 percent coupon bond with semiannual payments and a yield to maturity of 5.63 percent. The bonds mature

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16. Wine and Roses, Inc. offers a 5.0 percent coupon bond with semiannual payments and a yield to maturity of 5.63 percent. The bonds mature in 5 years. What is the market price of a $1,000 face value bond? $987.79 $972.87 $1,757.59 $1,215.28 $1,188.16

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