The Victoria Telephone Company has a $$1,000$ par value bond outstanding that pays $12$ percent interest with annual payments. The current yield to maturity on such bonds in the market is $13$ percent. Use Appendix B and Appendix D$.$

Compute the price of the bonds for these maturity dates: $($Round $"$PV Factor" to $3$ decimal places. Do not round intermediate calculations. Round the final answers to $2$ decimal places.$)$

Price of the

bond

a$.40$ Years $

b$.25$ Years $

c$.6$ Years $