Question 20: 5 years ago, MGM Resorts issued bonds with the following aspects: - $1,000 par value -$50 coupon paid semiannually (SA) -A 30-year maturity You followed the logic that "a casino can't go bankrupt and decided to invest $100,000 into the MGM bonds based on their attractive 10% original issue yield ($50 coupon * 2 coupons per year = $100 coupon per year / $1,000 par value = 10 or 10%. However, it is now 5 years later, and you see that MGM's credit rating has fallen from (BB) to CCC and the firm is in dire straits. In fact, the current yield-to-maturity (YTM) on the MGM bonds you own is now 18% At what price per bond (to the nearest dollar), can you expect to sell the bonds for today? Enter your answer below rounded to the nearest dollar. Partial credit will be awarded if you show work that is partially correct (full credit is awarded for the right answer whether or not work is shown)