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answer to the nearest cent. $ (3 vifide Feedlback eBook Question 1 of 5 Check My Work (1 remaining) Problem Walk-Through Madsen Motors's bonds have

image text in transcribed answer to the nearest cent. $ (3 vifide Feedlback

eBook Question 1 of 5 Check My Work (1 remaining) Problem Walk-Through Madsen Motors's bonds have 8 years remaining to maturity. Interest is paid annually, they' have a $1, 00 parvalej the couponfrlterest ratevis 9%,' and the yield to maturity is 11%. What is the bond's current market price? Round your answer to the nearest cent, 801.72 Hide Feedback Incorrect

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