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Midland Qll has $1.000 por value bonds outstanding at 12 percent interest. The bonds will mature in 15 years. Use Appendix B and Appendix D

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Midland Qll has $1.000 por value bonds outstanding at 12 percent interest. The bonds will mature in 15 years. Use Appendix B and Appendix D for an opproximate 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

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