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Maker's Markets has 7.80 percent coupon bonds outstanding that mature in 11 years. The bonds pay interest semiannually. What is the market price per bond
Maker's Markets has 7.80 percent coupon bonds outstanding that mature in 11 years. The bonds pay interest semiannually. What is the market price per bond if the face value is $1,000 and the yield to maturity is 6.5 percent? Multiple Choice $1,101.04 $1,127.81 $1.189.12
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