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Oil Wells offers 5.75 percent coupon bonds with semiannual payments and a yield to maturity of 6.34 percent.The bonds mature in 6 years.What is the

Oil Wells offers 5.75 percent coupon bonds with semiannual payments and a yield to maturity of 6.34 percent.The bonds mature in 6 years.What is the market price per bond if the face value is $1,000?

A. $932.89

B. $1,008.12

C. $989.54

D. $970.93

E. $963.42

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