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Gugenheim, Inc. offers a 6.25 percent coupon bond with annual payments. The yield to maturity is 3.525 percent and the maturity date is 6 years. What is the market price of a $1,000 face value bond?

$332.76
$1,145.08
$978.70
$1,165.24
$520.44

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Reid Wolff
Reid WolffLv2
28 Sep 2019

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