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Wine and Roses, Incorporated, offers a bond with a coupon of 8 . 0 percent with semi - annual payments and a yield to maturity

Wine and Roses, Incorporated, offers a bond with a coupon of 8.0 percent with semi-annual payments and a yield to maturity of 8.78 percent. The bonds mature in 5 years. What is the market price of a $1,000 face value bond?
$1,003.02
$1,650.75
$920.20
$968.97

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