Gugenheim, Incorporated, has a bond outstanding with a coupon rate of 7.6 percent and annual payments. The yield to maturity is 8.8 percent and the bond matures in 18 years. What is the market price if the bond has a par value of $1,000 ? a. $1,115.65 b. $893.52 c. $892.58 d. $1,116.66 e. $1,000 Clear my choice Dividends are: a. paid to bondholders. b. payable at the discretion of a firm's CFO. c. paid only to preferred stockholders. d. paid out of after-tax profits. e. treated as a tax-deductible expense of the issuing firm. Clear my choice