omework ment: Module 3 Homework Assignment Score: 0.00% Save Submit Assignment for Grading dons Question 8 of 20 Problem 7.01 (Bond Valuation) Check My Work remaining) eBook Problem Walk-Through Madsen Motors's bonds have 15 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 8%, and the yield to maturity is 114. What is the obond's current market price? Round your answer to the nearest cent. O $ 2