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Wine and Roses, Incorporatec, offers a bond with a coupon of 6.5 percent with semiannual payments and a yield to maturity of 725 percent. The

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Wine and Roses, Incorporatec, offers a bond with a coupon of 6.5 percent with semiannual payments and a yield to maturity of 725 percent. The bonds mature in 13 years. What is the market price of a $1,000 face value bond? $937,54 $1,541.33 $1,060.64 $1,478.87 $1,396.21

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