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  3. media wholesale markets has a 4.15% coupon bond ou

Media Wholesale Markets has a 4.15% coupon bond outstanding that matures in 8 years. The...

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Finance

  1. Media Wholesale Markets has a 4.15% coupon bond outstanding that matures in 8 years. The bond pays interest semi-annually. What is the market price of the bond if the par value is $1000 and the yield to maturity is 5.75%?

    A.

    $796.08
    B.

    $927.28
    C.

    $952.44
    D.

    $898.54
    E.

    $899.65

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