Question: Can someone help me with this problem? eBook 1 Problem Walk-Through Madsen Motors's bonds have 25 years remaining to maturity. Interest is paid annually, they

Can someone help me with this problem?

eBook 1 Problem Walk-Through Madsen Motors's bonds have 25 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 10%, and the yield to maturity is 13%. What is the bond's current market price? Round your answer to the nearest cent. $ 837.21 >

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