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Oil Well Supply offers a 7 percent coupon bond with semiannual payments and a yield to maturity of 7.73 percent. The bonds mature in 8
Oil Well Supply offers a 7 percent coupon bond with semiannual payments and a yield to maturity of 7.73 percent. The bonds mature in 8 years. What is the market price per bond if the face value is $1,000?
| $957.62 | |
| $1,096.32 | |
| $957.04 | |
| $1,369.54 | |
| $1,368.96 |
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