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D Question 14 9 pts Gertie Restaurants decides to purchase Smith Brothers and needs to finance the acquisition by issuing $100,000,000 of 5.65 percent coupon

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D Question 14 9 pts Gertie Restaurants decides to purchase Smith Brothers and needs to finance the acquisition by issuing $100,000,000 of 5.65 percent coupon bonds with semiannual payments and a yield to maturity of 6.91 percent. The bonds will mature in 5 years. What is the market price per bond if the face value is $1,000? $1,055.51 $1,000.00 $946.28 $948.21 $947.49 $964.68 $947.89

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