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Adventureland Corporation offers 7.77% percent coupon bonds with semiannual payments and a yield to maturity of 6.87%. The bonds mature in 19.2 years. What is
Adventureland Corporation offers 7.77% percent coupon bonds with semiannual payments and a yield to maturity of 6.87%. The bonds mature in 19.2 years. What is the market price per bond if the face value is $1,000?
Select one:
a. $ 1084.17
b. $ 1080.01
c. $ 1104.40
d. $ 1095.19
e. $ 1112.75
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