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The yield to maturity for 15 -year bonds is as follows for four different bond rating categories. Use Anpendix B and Appendix.D. The bonds of

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The yield to maturity for 15 -year bonds is as follows for four different bond rating categories. Use Anpendix B and Appendix.D. The bonds of Falter Corporation were tated as AA and issued at par a few weeks ago The bonds have just been downgraded to A. Determine the new price of the bonds, assuming a 15 -year maturity and semlannual interest payments. Assume the par value of the bonds is $1,000. (Do not round intermediate colculations. Round "PV Foctor" to 3 decimol places, Round the final answer to 2 decimal places.) Price of the bonds

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