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Questions Check My Work (3 remaining) 2. ebook Problem Walk-Through Madsen Motors's bonds have 17 years remaining to maturity. Interest is paid annually, they have

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Questions Check My Work (3 remaining) 2. ebook Problem Walk-Through Madsen Motors's bonds have 17 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 6%, and the yield to maturity is 7% What is the band's current market price? Round your answer to the nearest cent. $ 9. . 10 Check My Work (3 remaining) Type here to search o 104 10/20

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