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Wine and Roses Incorporated, offers a bond with a coupon of 7.5 percent with semiannual payments and a yield to maturity of 8.16 percent. The

Wine and Roses Incorporated, offers a bond with a coupon of 7.5 percent 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? Multiple Choice $1,461.51 $1,055.32 $1,449.42 $955.47 $1,506.05

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