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Exodus Limousine Company has $1,000 par value bonds outstanding at 19 percent interest. The bonds will mature in 40 years. UseAppendix BandAppendix Dfor an approximate

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Exodus Limousine Company has $1,000 par value bonds outstanding at 19 percent interest. The bonds will mature in 40 years. UseAppendix BandAppendix Dfor an approximate answer but calculate your final answer using the formula and financial calculator methods.

Compute the current price of the bonds if the percent yield to maturity is:(Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.)

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