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See question. Entered values are what I calculated. Looking to confirm. Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity:

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See question. Entered values are what I calculated. Looking to confirm.

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Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 14 years Coupon rate: 10 percent Semiannual payments Calculate the price of this bond if the YTM is [Do not round intermediate calculations and round your answers to 2 decimal places, 11.9., 32.16.): s mom s 1.16m

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