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Madsen Motors' bonds have 22 years remaining to maturity. They have a $1,000 par value and the coupon interest rate is 9%. Interest is paid

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Madsen Motors' bonds have 22 years remaining to maturity. They have a $1,000 par value and the coupon interest rate is 9%. Interest is paid annually. If the yield to maturity is 11%, what is the bond's current market price

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