What is the bond current market value the coupon o, Financial Management

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What is the bond current market value the coupon o

Madsen Motors's bonds have 7 years remaining to maturity. Interest is paid annually they have a $1,000 par value; the coupon interest rate is 9.5%; and the yield to maturity is 12%. What is the bond current market value: the coupon o price? Round your answer to the nearest cent. $

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