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question 1 Monique's Motors' bonds have 12 years remaining to maturity. Interest is paid annually on these bonds. The bonds have a $1,000 par value,

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Monique's Motors' bonds have 12 years remaining to maturity. Interest is paid annually on these bonds. The bonds have a $1,000 par value, a yield to maturity of 10%, and a coupon rate of 7%. What is the bond's current price? $610.69 $795.59 $811.07 $834.67 $1,116.90

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