The Lone Star Company has $1,000 par value bonds outstanding at 9 percent interest. The bonds will mature in 19 ye Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and fina calculator methods. Compute the current price of the bonds if the present yield to maturity is. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payr are annual. a. 6 percent b. 8 percent c. 12 percent Bond Price

The Lone Star Company has $1,000 par value bonds outstanding at 9 percent interest. The bonds will mature in 19 ye Use AppendixB and Ap pendix D for an approximate answer but calculate your final answer using the formula and fin calculator methods. Compute the current price of the bonds if the present yield to maturity is. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest pay are annual