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Grand Adventure Properties offers a 9 . 5 percent coupon bond with annual payments. The yield to maturity is 1 1 . 2 percent and

Grand Adventure Properties offers a 9.5 percent coupon bond with annual payments. The yield to maturity is 11.2 percent and the bond matures 10 years from today. What is the market price of this bond if the face value is $1,000?
Grand Adventure Properties offers a 9.5 percent coupon bond with annual payments. The yield to maturity is 11.2 percent and the bond matures 10 years from today. What is the market price of this bond if the face value is $1,000?
895.43
900.72
896.67
906.6
913.14

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