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Gugenheim, Inc. needs to finance the purchase of yet another masterpiece. To this end, the company is selling some bonds that were donated by a

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Gugenheim, Inc. needs to finance the purchase of yet another masterpiece. To this end, the company is selling some bonds that were donated by a wealthy donor. The bonds have a 6.00 percent annual coupon. The yield to maturity is 3.4 percent and the bonds mature in 5 years. What is the market price of a $1,000 face value bond? Assume the next coupon is received in one year. O $425.62 O $1,131.34 O $1,11772 $981.89 O $271.67

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