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Part of the Rock,Inc

Question 21

Multiple Choice

Part of the Rock,Inc.has a 6% coupon bond that matures in 11 years.The bond pays interest semiannually.What is the market price of a $1,000 face value bond if the yield to maturity is 12.9%?


A) $434.59
B) $580.86
C) $600.34
D) $605.92
E) $947.87 Part of the Rock,Inc.has a 6% coupon bond that matures in 11 years.The bond pays interest semiannually.What is the market price of a $1,000 face value bond if the yield to maturity is 12.9%? A) $434.59 B) $580.86 C) $600.34 D) $605.92 E) $947.87

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