Gugenheim inc offers a 650 percent coupon bond with annual


Gugenheim, Inc. offers a 6.50 percent coupon bond with annual payments. The yield to maturity is 3.65 percent and the maturity date is 7 years. What is the market price of a $1,000 face value bond?

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Financial Management: Gugenheim inc offers a 650 percent coupon bond with annual
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