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2 Exodus Limousine Company has $1,000 par value bonds outstanding at 19 percent interest. The bonds will mature in 50 years. Compute the current price

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2 Exodus Limousine Company has $1,000 par value bonds outstanding at 19 percent interest. The bonds will mature in 50 years. Compute the current price of the bonds if the percent yield to maturity is: (Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.) 10 points Bond Price a. 5 percent b. 9 percent eBook Print

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