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BOND VALUATION Madsen Motorss bonds have 23 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate

BOND VALUATION Madsen Motorss bonds have 23 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 9%, and the yield to maturity is 11%. What is the bonds current market price? Solve using excel formula

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