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Oil Well Supply offers 6.8 percent coupon bonds with semiannual payments and a yield to maturity of 7.68 percent. The bonds mature in 6 years.
Oil Well Supply offers 6.8 percent coupon bonds with semiannual payments and a yield to maturity of 7.68 percent. The bonds mature in 6 years.
What is the market price per bond if the face value is $1,000?
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