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Gugenheim, Inc. offers a 9 percent coupon bond with annual payments. The yield to maturity is 5.30 percent and the maturity date is 8 years.

Gugenheim, Inc. offers a 9 percent coupon bond with annual payments. The yield to maturity is 5.30 percent and the maturity date is 8 years. What is the market price of a $1,000 face value bond? $1,226.22 $1,246.32 $989.02 $1,236.27 $1,359.90

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