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Lincoln Park Co. has a bond outstanding with a coupon rate of 5.62 percent and semiannual payments. The yield to maturity is 7 percent and

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Lincoln Park Co. has a bond outstanding with a coupon rate of 5.62 percent and semiannual payments. The yield to maturity is 7 percent and the bond matures in 14 years. What is the market price if the bond has a par value of $2,000? Multiple Choice 0 $1,761.21 O $1,758.90 $1,758.90 $1,758.63 $1,756.20 $1.75620 $1.791.32

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