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24:21 Gugenheim, Incorporated, has a bond outstanding with a coupon rate of 5.5 percent and annual payments. The yield to maturity is 6.7 percent and
24:21 Gugenheim, Incorporated, has a bond outstanding with a coupon rate of 5.5 percent and annual payments. The yield to maturity is 6.7 percent and t bond matures in 11 years. What is the market price if the bond has a par value of $2,000? Multiple Choice O O $1,853.66 $1,817.31 $1,820.11 $1,822.50
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