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Intro Lomack Company's bonds have a 11-year maturity, a 12% coupon, paid semiannually, and a par value of $1,000. The market interest rate is 6%,

Intro Lomack Company's bonds have a 11-year maturity, a 12% coupon, paid semiannually, and a par value of $1,000. The market interest rate is 6%, with semiannual compounding. IB Attempt 1/10 for 9 pts. Part 1 What is the bond's price (in $)? No decimals Submit

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