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Kilgore Natural Gas has a $1.000 par value bond outstanding that pays 13 percent annual interest. The current yield to maturity on such bonds in

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Kilgore Natural Gas has a $1.000 par value bond outstanding that pays 13 percent annual interest. The current yield to maturity on such bonds in the market is 15 percent. Use Appendix Band Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. Compute the price of the bonds for these maturity dates: (Do not round Intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.) Bond Price 30 years

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