FoodBank, Inc. offers a 7.0 percent coupon bond with semiannual payments and a yield to...
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FoodBank, Inc. offers a 7.0 percent coupon bond with semiannual payments and a yield to maturity of 7.75 percent. The bonds mature in 15 years. What is the market price of a $1,000 face value bond? $937.26 $934.81 $936.60 $934.16
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