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A Wells offers 6.5 percent coupon bonds with semiannual payments and a yield to rity of 6.94 percent. The bonds mature in seven years. What

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A Wells offers 6.5 percent coupon bonds with semiannual payments and a yield to rity of 6.94 percent. The bonds mature in seven years. What is the market price per 2) Oil 2) matu bond if the face value is $1,000? A) $975.93 B)$989.70 C)$902.60 D) $996.48 E) $913.48

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