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Wine and Roses, Inc. offers a 5.5 percent coupon bond with semiannual payments and a yield to maturity of 5.90 percent. The bonds mature in
| Wine and Roses, Inc. offers a 5.5 percent coupon bond with semiannual payments and a yield to maturity of 5.90 percent. The bonds mature in 6 years. What is the market price of a $1,000 face value bond?
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
