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Mingming Inc. has a 8 percent coupon bond that makes semiannual coupon payments. It matures in 13.5 years. What is the market price if the

Mingming Inc. has a 8 percent coupon bond that makes semiannual coupon payments. It matures in 13.5 years. What is the market price if the face value is $1,000 and the yield to maturity is 14.78% ? $550.40 $608.19 $580.42 $255.27

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