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Red Inc offers 8 percent coupon bonds with semiannual payments and a yield to maturity of 1 0 percent. The bonds mature in 6 years.

Red Inc offers 8 percent coupon bonds with semiannual payments and a yield to maturity of 10 percent. The bonds mature in 6 years. What is the market price per bond if the face value is $1,000?
$1,000
$996.43
991.47
$911.37
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