It's disappointing that I had to use a question for a response to come back completely wrong this is looking for current price of a bond not present value of money. If you don't know how to do this question please don't attempt to respond. Please use (as was already requestsed):

FV(1+i)^-n + C((1-(1-i)^-n)/i))

Preferably using values from PV and PV of A charts. I feel like I'm using the correct formula and values but I'm just not getting the Current value correct.

It's something to do with the semiannual part.

Thank you.

Lance Whittingham IV specializes in buying deep discount bonds. These represent bonds that are trading at well below par value. He has his eye on a bond issued by the Leisure Time Corporation. The \$1,000 par value bond with semiannual payments has 7 percent annual interest and has 9 years remaining to maturity. The current yield to maturity on similar bonds is 12 percent. (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answers to 2 decimal places.) a. What is the current price of the bonds? Use App endix B and Appendix D. Current price $ b. By what percent will the price of the bonds increase between now and maturity? Price increases by % c. What is the annual compound rate of growth in the value of the bonds? (Use Appendix A) Annual compound rate %