Wonder World Ltd. outstanding bonds have a $1000 par value, a 9 percent semi-annual coupon, 8 years to maturity and an 8 percent YTM. What is the bond’s price? Select one: a. $1,028.60 b. $1,043.20 c. $946.26 d. $920.42 e. $1,058.26

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Q: yield-to-maturity of these bonds

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