il Wells offers 5.65% coupon bonds with semi-annual payments and a yield to maturity of 6.94%. The bonds matures in seven years. What is the market prie per bond if the face value is $1,000? Select one: A. $949.70 B. $902.60 C. $913.48 D. $936.48 E. $929.42

Essentials Of Investments
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Oil Wells offers 5.65% coupon bonds with semi-annual payments and a yield to maturity of 6.94%. The bonds matures in seven years. What is the market prie per bond if the face value is $1,000?

Select one:

A. $949.70

B. $902.60

C. $913.48

D. $936.48

E. $929.42

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