11 Problem 10-13 (calculator version) 10 por ebook Lance Whitinghom IV specializes in buying deep discount bonds. These represent bonds that are trading at well below par value. He has his eye on a bond issued by the Leisure Time Corporation. The $1000 par value bond with semiannual payments has 8 percent annual interest and has 17 years remaining to maturity. The current yield to maturity on similar bonds is 1 percent. Une a Financial calculator to arrive at the answers. Do not round intermediate calculations. Round the final answers to 2 decimal places) .. What is the current price of the bonds Current price b. By what percent will the price of the bonds increase between now and maturiny? Price increases by c. What is the annual compound rote of growth in the value of the bonds Annual compound rate 96 References