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QUESTION 23 01 Wells offers 6.5 percent coupon bonds with annual payments and a yield to maturity of 6.94 percent. The bonds mature in seven

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QUESTION 23 01 Wells offers 6.5 percent coupon bonds with annual payments and a yield to maturity of 6.94 percent. The bonds mature in seven years. What is the market price per bond if the face value is $1,000? a. 976.24 b.$989.70 O c. $996.48 d. $902.60

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