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28 Nov 2020
Wine and Roses, Inc. offers a 7% coupon bond with semiannual payments and a yield to maturity of 7.73%. The bonds mature in 9 years. What is the market price of a $1,000 face value bond?
a. $1,108.16
b. $963.88
c. $1,401.86
d. $1,401.26
e. $953.28
Wine and Roses, Inc. offers a 7% coupon bond with semiannual payments and a yield to maturity of 7.73%. The bonds mature in 9 years. What is the market price of a $1,000 face value bond?
a. $1,108.16
b. $963.88
c. $1,401.86
d. $1,401.26
e. $953.28
Joshua StredderLv10
15 Jan 2021