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Wine and Roses, Incorporated, offers a bond with a coupon of 100 percent with semiannual payments and a yield to maturity of 11.00 percent. The

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Wine and Roses, Incorporated, offers a bond with a coupon of 100 percent with semiannual payments and a yield to maturity of 11.00 percent. The bonds mature in 9 years. What is the market price of a $1,000 face value bond? Multiple Choice $1,562.30 $1,506.07 $1,381.47 $1,076,69

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