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Madsen Motors's bonds have 9 years remaining to maturity. Interest is paid annually they have a $1.000 par value the coupon interest rate is 12%

Madsen Motors's bonds have 9 years remaining to maturity. Interest is paid annually they have a $1.000 par value the coupon interest rate is 12% and the yield to maturity is 13%. What is the bond's current market price? Round your answer to the nearest cent. $

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