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Wine and Roses, Inc. offers a 7.5 percent coupon bond with semiannual payments and a yield to maturity of 8.16 percent. The bonds mature in
Wine and Roses, Inc. offers a 7.5 percent coupon bond with semiannual payments and a yield to maturity of 8.16 percent. The bonds mature in 10 years. What is the market price of a $1,000 face value bond?
| $1,506.05 | |
| $1,449.42 | |
| $1,461.51 | |
| $1,055.32 | |
| $955.47 |
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Financial Innovation Regulation And Crises In History
Authors: Harold James
1st Edition
0367669528, 978-0367669522
