The rose shoppe offers 10-year 8 percent coupon bonds with
The Rose Shoppe offers 10-year, 8 percent coupon bonds with semi annual payments and a yield to maturity of 8.24 percent. What is the market price of a $1,000 face value bond?
$990.32
$983.86
$1,108.16
$1,521.75
$591.04
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