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Oil Well Supply offers 7 percent coupon bonds with semiannual payments and a yield to maturity of 9 percent. The bonds mature in 26 years.

Oil Well Supply offers 7 percent coupon bonds with semiannual payments and a yield to maturity of 9 percent. The bonds mature in 26 years. What is the market price per bond if the face value is $1,000? The market price of bond is $ 1155.83

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