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Wine and Roses, Incorporated, offers a bond with a coupon of 5 . 0 percent with semiannual payments and a yield to maturity of 5

Wine and Roses, Incorporated, offers a bond with a coupon of 5.0 percent with semiannual payments and a yield to maturity of 5.90 percent. The bonds mature in 10 years. What is the market price of a $1,000 face value bond?
Multiple Choice
$932.74
$1,559.08
$1,373.66
$1,306.40
$986.68
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