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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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