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Warden Drilling offers 5 . 5 percent coupon bonds with annual payments and a yield to maturity of 7 percent. The bonds mature in 1

Warden Drilling offers 5.5 percent coupon bonds with annual payments and a yield to maturity of 7 percent. The bonds mature in 10 years. What is the market price per bond if the face value is $1,000?
$893.41
$893.41
$894.65
$937.63
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