Ann Nichols is considering a bond investment in the Southwest Technology Company. The $

$1$

$,$

$0$

$0$

$0$

$$bonds have a quoted annual interest rate of

$6$

$$percent$,$ and the interest years to maturity. is paid semiannually. The yield to maturity on the bonds Is

$1$

$0$

$$percent annually. There are

$2$

$9$

Compute the price of the bonds.

$($

Use a excel to arrive at the answers. Do not round intermediate calculation. Round the final answer to

$2$

$$decimal places. Omit $ sign in your response.

$)$

Price of the bonds $