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Harrison Co. issued 13-year bonds one year ago at a coupon rate of 6.5 percent. The bonds make semiannual payments. If the YTM on these
Harrison Co. issued 13-year bonds one year ago at a coupon rate of 6.5 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.4 percent, what is the current dollar price assuming a $1, 000 par value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price $
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