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Grand Adventure Properties issued a 15 year, 9.5 percent coupon bond with semi-annual payments 3 years ago. The yield to maturity rate is 11.2 percent.

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Grand Adventure Properties issued a 15 year, 9.5 percent coupon bond with semi-annual payments 3 years ago. The yield to maturity rate is 11.2 percent. What is the market price of the bond? $893.99 $890.70 O $895.43 O $889.26 O $879.09

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