Use the following information to answer the question(s) below. 
-Wyatt Oil is contemplating issuing a 20-year bond with semiannual coupons,a coupon rate of 7%,and a face value of $1000.Wyatt Oil believes it can get a BBB rating from Standard and Poor's for this bond issue.If Wyatt Oil is successful in getting a BBB rating,then the issue price for these bonds would be closest to:
Definitions:
Income
The financial gain received by an individual or entity, typically measured over a certain period of time, from work or investments.
Graphical Excellence
The effective communication of complex quantitative ideas through clear, precise, and efficient graphics.
Ideas
Concepts, thoughts, or suggestions.
Time
A continuous measure in which events can be ordered from the past through the present and into the future, often used as an independent variable in studies.
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