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The Answer is not 1203.84 or 120.38 Check my work 2 A bond with 24 years until maturity has a coupon rate of 8.2 percent

The Answer is not 1203.84 or 120.38image text in transcribed

Check my work 2 A bond with 24 years until maturity has a coupon rate of 8.2 percent and a yield to maturity of 6.5 percent. What is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 10 points Price 8 03:17:28 This is a numeric cell, so please enter numbers only. eBook Print References

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