Question: solve ? Attempts I Keep the Highest/ 6. Problem 7.01 (Bond Valuation) Problem Walk Madsen Motors's bonds have 22 yeasa remaining to maturity. Interest is

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Attempts I Keep the Highest/ 6. Problem 7.01 (Bond Valuation) Problem Walk Madsen Motors's bonds have 22 yeasa remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon Interest rate is 7%, and the yield to maturity is 8%. What is the band's current market price7 Round your answer to the nearest cent, $ Grade It Now Save & Continue Continue without saving

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