Microhard has issued a bond with the following characteristics:Par: $1,000Time to maturity:18 yearsCoupon rate: 6 percentSemiannual paymentsCalculate the price of this bond if the YTM is(Do not round intermediate calculations and round your answersto 2 decimal places, e.g., 32.16.):

Using the info above, please answer the following (3) items.

Price of the Bond

a.6 percent$

b.9 percent$

c.3 percent$