Compute the price of a $1,DDD par value, 6 percent (semi—annual payment} coupon bond with 13 years remaining until maturity assuming that the band’s yield to maturity is 14 percent? {Round your answer to 2 decimal places and record your answer without dollar sign or commas}.
Compute the price of a $1,DDD par value, 6 percent (semi—annual payment} coupon bond with 13 years remaining until maturity
assuming that the band’s yield to maturity is 14 percent? {Round your answer to 2 decimal places and record your answer without
dollar sign or commas}.