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South Park offers 5.5 percent coupon bonds with semiannual payments and a yield to maturity of 5.8 percent. The bonds mature in 20 years. What
South Park offers 5.5 percent coupon bonds with semiannual payments and a yield to maturity of 5.8 percent. The bonds mature in 20 years. What is the market price per bond if the face value is $1,000? Select one: a. $1,122.60 b. $935.63 c. $1,096.45 O d. $964.76 O e. $1,057.06
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