Midland Oil has $$1,000$ par value bonds outstanding at $13$ percent interest. The bonds will mature in $20$ years. Use Appendix B and Appendix $D$ for an approximate answer but calculate your final answer using the formula and financial calculator methods.

Compute the current price of the bonds if the present yield to maturity is: Note: Do not round intermediate calculations. Round your final answers to $2$ decimal places. Assume interest payments are annual.

$\backslash$table$[[,$Bond Price$],[$a$.16$ percent,$],[$b$.12$ percent,$],[$c$.11$ percent,$]]$