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Purple Eagles Inc. offers a 4 % coupon bond with semiannual payments and a yield to maturity of 6 % . The bonds mature in

Purple Eagles Inc. offers a 4% coupon bond with semiannual payments and a yield to maturity of 6%. The bonds mature in 8 years. What is the market price of a $1,000 face value bond?
$653.28
$663.88
$748.29
$874.39
$926.18
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