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Use the following information to answer the question(s) below. Wyatt Oil is contemplating issuing a 20 - year bond with semiannual coupons, a coupon rate

Use the following information to answer the question(s) below. Wyatt Oil is contemplating issuing a 20 - year bond with semiannual coupons, a coupon rate of 8%, and a face value of $1000. Wyatt Oil believes it can get a AAA rating from Standard and Poor's for this bond issue. If Wyatt Oil is successful in getting a AAA rating, then the issue price for these bonds would be closest to: A. $901 B. $891 C. $1107 D. $1000

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