Midland Oil has $$1,000$ par value bonds outstanding at $20$ percent interest. The bonds will mature in $15$ 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.