Question: Bond price. A Mars Inc. bond has a par value of $1,000, with 14 years remaining to maturity and is paying 11 percent interest for

Bond price. A Mars Inc. bond has a par value of $1,000, with 14 years remaining to maturity and is paying 11 percent interest for on a annual basis. Assume interest rates in the market (yield to maturity) are 10 percent. What is the bond price s Number Round your answer to the nearest cent

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