Exodus Limousine Company has $$1,000$ par value bonds outstanding at $13$ percent interest. The bonds will mature in $30$ years with annual payments.

Compute the current price of the bonds if the current yield to maturity is: $($Use a Financial calculator to arrive at the answers. Do not round intermediate calculations. Round the final answers to $2$ decimal places.$)$

Price of the

bond

a$.8$ percent $

b$.18$ percent $