Oil well supply offers 7.5 percent coupon bonds with semiannual payments and a yield to maturity of 7.68 percent. the bonds mature in 6 years. what is the market price per bond if the face value is $1,000?
a. $989.70
b. $991.47
c. $996.48
d. $1,002.60
e. $1,013.48
Answers: 1
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