Oil Wells offers 5 . 6 5 percent coupon bonds with semiannual payments and a yield to

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Oil Wells offers

5.65

percent coupon bonds with semiannual payments and a yield to maturity of

6.94

percent. The bonds mature in seven years. What is the market price per bond if the face value is $

1, 000 ?

Posted Date: May 18, 2024 11:01 PM

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