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Airfoil, Inc. has issued a bond with the following characteristics: Par Value 1,000 Settlement date 1/1/2000 Maturity date 1/1/2015 Annual coupon rate 6.00% Coupons per

Airfoil, Inc. has issued a bond with the following characteristics: Par Value 1,000 Settlement date 1/1/2000 Maturity date 1/1/2015 Annual coupon rate 6.00% Coupons per year 2 Yield to maturity 6% What is the price of the bond?

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