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Tea and Cookies, Inc. offers a 7% coupon bond with semiannual payments. The bond matures in nine years. What is the market price of this
Tea and Cookies, Inc. offers a 7% coupon bond with semiannual payments. The bond matures in nine years. What is the market price of this $1,000 face value bond if its yield to maturity is 7.73% ? $953.28 $953.88 $1,108.16 $1,401.86
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