What is the bonds current market price

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Question: Martinez Motors bonds have 10 years remaining to maturity. Interest is paid annually , they have $1,000 par value; the coupon interest rate is 10 percent and the yield to maturity is 10.5 percent What is the bonds current market price? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131996163

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