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Madison Motor's bonds have 5 years remaining to maturity. Interest is paid annually. They have 5 a $1000 par value for each bond. The coupon
Madison Motor's bonds have 5 years remaining to maturity. Interest is paid annually. They have 5 a $1000 par value for each bond. The coupon rate is 5% and the yield to maturity is 6%. What is the bond's current market price
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