Question: Attempts Keep the Highest/ 6. Problem 7.01 (Bond Valuation) en ook Problem Walk Through Madsen Motors's hands have 12 years remaining to maturity. Interest is

Attempts Keep the Highest/ 6. Problem 7.01 (Bond Valuation) en ook Problem Walk Through Madsen Motors's hands have 12 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 11%, and the vield to maturity is 13%. What is the bood's current market price? Round your answer to the nearest cent Grade it Now Save & Continue Continue without saving

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