Madsen motors bonds have 23 years remaining to maturity
Madsen Motor's bonds have 23 years remaining to maturity. Interest is paid annually; they have a $1000 par value; the coupon interest rate is 9%. and the yield to maturity is 11%. What is the bond's current market price?
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madsen motors bonds have 23 years remaining to maturity interest is paid annually they have a 1000 par value the coupon
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