Question: Let It Bleed, Inc. has a bond outstanding with a coupon rate of 10.00 percent and makes semiannual payments. The yield to maturity is 11

Let It Bleed, Inc. has a bond outstanding with a coupon rate of 10.00 percent and makes semiannual payments. The yield to maturity is 11 percent and the bond matures in 20 years. What is the market price of the bond?

Multiple Choice

$940.25
$919.77
$1,085.80
$910.49

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