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Wine and Roses Inc. offers a 8.0 percent coupon bond with semiannual payments and a...

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Accounting

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Wine and Roses Inc. offers a 8.0 percent coupon bond with semiannual payments and a yield to maturity of 8.78 percent. The bonds mature in 5 years. What is the market price value of a $1.000 face value bond? $968.97 $1,003.02 $1, 650.75 $1, 318.23 $1, 287.20

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