(Band valuation or coupon) The Latham Corporation is planning on issuing bonds that pay no interest but can be converted into $1.000 a maturity 7 years from their purchase. To price these bonde compettively with other bands of equal risk, it is determined that they should yield percent, compounded annually. At what price should the Latham Corporation soll these bonds? The price of the Latham Corporation bonds should be $ (Round to the nearest cont) (Bond valuation-zero coupon) The Latham Corporation is planning on issuing bonds that pay no interes with other bonds of equal risk, it is determined that they should yield 8 percent, compounded annually. At The price of the Latham Corporation bonds should be $ (Round to the nearest cent.) s planning on issuing bonds that pay no interest but can be converted into $1,000 at maturity, 7 years from their purchase. To price these bonds competitively mould yield 8 percent, compounded annually. At what price should the Latham Corporation sell these bonds? (Round to the nearest cent)