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Denis purchased a $10,000 face value Ontario Hydro Energy bond maturing in six years. The coupon rate was 7.3% payable semiannually. If the prevailing market

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Denis purchased a $10,000 face value Ontario Hydro Energy bond maturing in six years. The coupon rate was 7.3% payable semiannually. If the prevailing market rate at the time of purchase was 6.6% compounded semiannually, what price did Denis pay for the bond? (Do not round the intermediate calculations. Round your answer to 2 decimal places.) Bond price $ Calculate the purchase price (flat) of the $1,000 face value bond using the information given below. (Round your answer to the nearest cent.) Assume that: - Bond interest is paid semiannually. - The bond was originally issued at its face value. - Bonds will be redeemed for their face value at maturity. - Market rates of return and yields to maturity are compounded semiannually. $ Calculate the purchase price (flat) of the $1,000 face value bond using the information given below. (Do not round the intermediate calculations. Round your final answer to 2 decimal places.) Assume that: - Bond interest is paid semiannually. - The bond was originally issued at its face value. - Bonds will be redeemed for their face value at maturity. - Market rates of return and yields to maturity are compounded semiannually. Purchase price $

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