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LOL QUESTIONS (CNW) x gnment: Chapter 7 - EOC Questions (CNOW) Assignment Score: 26.19% Save Submit Assignme for Grading tions Problem 7.01 (Bond Valuation) Question

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LOL QUESTIONS (CNW) x gnment: Chapter 7 - EOC Questions (CNOW) Assignment Score: 26.19% Save Submit Assignme for Grading tions Problem 7.01 (Bond Valuation) Question 11 of 12 Check My Work (2 remaining) eBook . Problem Walk-Through Madsen Motors's bonds have 21 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 10%. What is the bond's current market price? Round your answer to the nearest cent. $ A- Checla Moderneminin

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