What is the market price per bond if the face value is $1,000?

Finance Basics

Oil Well Supply offers a 8 percent coupon bond with semiannual payments and a yield to maturity of 8.73 percent. The bonds mature in 8 years. What is the market price per bond if the face value is $1,000?

"Order a similar paper and get 15% discount on your first order with us
Use the following coupon
"FIRST15"

Order Now