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Business, 26.06.2020 15:01 Redhead667

Madsen Motors's bonds have 21 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 12%, and the yield to maturity is 15%. What is the bond's current market price

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Madsen Motors's bonds have 21 years remaining to maturity. Interest is paid annually, they have a $1...
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