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nep Save & ENIE Exodus Limousine Company has $1,000 par value bonds outstanding at 12 percent interest. The bonds wil mature in 50 years with

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nep Save & ENIE Exodus Limousine Company has $1,000 par value bonds outstanding at 12 percent interest. The bonds wil mature in 50 years with annual payments Compute the current price of the bonds if the current yield to maturity is (Use a Financial calculator to arrive at the answers. Do not round Intermediate calculations. Round the final answers to 2 decimal places.) a. 7 percent b. 17 percent Price of the bond $ $

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