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6. Norwegian Adventures offers a 6.5 percent coupon bond with annual payments. The yield to maturity is 6.71 percent and the maturity date is 7
6. Norwegian Adventures offers a 6.5 percent coupon bond with annual payments. The yield to maturity is 6.71 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? A. $692.07 B. $811.63 C. $981.31 D. $988.57 E. $1,193.35
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