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Madsen Motors's bonds have 19 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is and
Madsen Motors's bonds have 19 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is and the yield to maturity is 8%. What is the bond's current market price? Round your answer to the nearest cent. 11%; $ Nesmith Corporation's outstanding bonds have a $1,000 par value, a 12% semiannual coupon, 12 years to maturity, and a 7.5% YTM. What is the bond's price? Round your answer to the nearest cent. 1462.4
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