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Sqeekers Co. issued 12-year bonds a year ago at a coupon rate of 7.2 percent. bonds make semiannual payments and have a par value of
Sqeekers Co. issued 12-year bonds a year ago at a coupon rate of 7.2 percent. bonds make semiannual payments and have a par value of $1,000. If the YTM on th bonds is 5.5 percent, what is the current bond price? (Do not round intermec calculations. Round your answer to 2 decimal places, e.g., 32.16.) Current bond price
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