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o. Several years ago, Castles in the Sand Inc issued bonds at face value of $1000 at a yield to maturity of 68% Now, with

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o. Several years ago, Castles in the Sand Inc issued bonds at face value of $1000 at a yield to maturity of 68% Now, with 6 years left until the maturity of the bonds, the company has run into hard times and the yield to maturity on the bonds has increased to 14%. What Is the price of the bond now? (Assume semiannual coupon payments) (Do not round intermediate calculations. Round your answer to 2 decimal places.) Bond price

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