Question: Strawberry Co . has a $ 1 ; 0 0 0 par value bond outstanding with a coupon rate of 3 . 8 % paid

Strawberry Co. has a $1;000 par value bond outstanding with a coupon rate of 3.8% paid semiannually and 13 years to maturity. The yield to maturity of the bond is 4.9%. What is the dollar price of the bond?
564.26
1790.31
895.15
896.05
 Strawberry Co. has a $1;000 par value bond outstanding with a

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