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Microhard has issued a bond with the following characteristics: Par: $ 1 , 0 0 0 Time to maturity: 2 0 years Coupon rate: 8

Microhard has issued a bond with the following characteristics:
Par: $1,000
Time to maturity: 20 years
Coupon rate: 8 percent
Semiannual payments
Calculate the price of this bond if the YTM is: (Do not round intermediate calculat and round your answers to 2 decimal places, e.g.,32.16.)
\table[[,,],[a.,8 percent,],[b.,11 percent,],[c.,5 percent,]]
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