Wine and roses inc offers a 8 percent coupon bond with


Wine and Roses, Inc. offers a 8 percent coupon bond with semiannual payments and a yield to maturity of 8.73 percent. The bonds mature in 8 years. What is the market price of a $1,000 face value bond?

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Financial Econometrics: Wine and roses inc offers a 8 percent coupon bond with
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