Coupon rate bond that matures in ten years

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Venus Inc. has a 10% coupon rate bond that matures in 10 years. The bond pays coupon payments semiannually. What is the market price of a $1,000 face value bond if the yield to maturity is 13%?

$783.52

$867.80

$849.04

$834.72

$815.82

Reference no: EM131599738

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