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Hugo Reyes, Inc. offers a 7 percent coupon bond with semiannual payments and a yield to maturity of 9.64 percent. The bonds mature in 8
Hugo Reyes, Inc. offers a 7 percent coupon bond with semiannual payments and a yield to maturity of 9.64 percent. The bonds mature in 8 years. What is the market price of a $1,000 face value bond? $1000.00 $914.06 $917.89 O $855.09 $1159.64
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