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Gugenheim, Inc. offers a 8.00 percent coupon bond with quarterly payments. The yield to maturity is 4.4 percent and the maturity date is 6 years.

Gugenheim, Inc. offers a 8.00 percent coupon bond with quarterly payments. The yield to maturity is 4.4 percent and the maturity date is 6 years. The market price of a $1,000 face value bond is closest to:

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$1,051.98

$1,188.93

$648.61

$2,448.49

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