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Business, 04.04.2020 12:56 jayleneeurich

Madsen Motor's bonds have 23 years remaining to maturity. Interest is paid annually, they have $1,000 par value, the coupon interest is 9%, and the yield to maturity is 11%. What is the bond's current market price

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Madsen Motor's bonds have 23 years remaining to maturity. Interest is paid annually, they have $1,00...
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