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Great Owl Corp. offers a 7.5 percent coupon bond with annual payments. The yield to maturity is 5 percent and the bond matures 20 years
Great Owl Corp. offers a 7.5 percent coupon bond with annual payments. The yield to maturity is 5 percent and the bond matures 20 years from today. What is the market price of this bond if the face value is $1,000? $895.43 $896.67 $941.20 $1311.55 $1411.55
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