Coupon bonds with semi annual payments and yield to maturity

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The Rose Shoppe offers 10-year, 8 percent coupon bonds with semi annual payments and a yield to maturity of 8.24 percent. What is the market price of a $1,000 face value bond?

$990.32

$983.86

$1,108.16

$1,521.75

$591.04

Reference no: EM13825861

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