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What did these bonds sell for when they were issued? (Round to the nearest cent.) (Bond valuation) Seven years ago XYZ International issued some 29-year

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What did these bonds sell for when they were issued? (Round to the nearest cent.)

(Bond valuation) Seven years ago XYZ International issued some 29-year zero-coupon bonds that were priced with a market's required yield to maturity of 13 percent and a par value of $1,000 What did these bonds sell for when they were issued? Now that 7 years have passed and the market's required yield to maturity on these bonds has climbed to IS percent, what are they selling foo If the market's required yield to maturity had fallen to 11 percent, what would they have been selling for? a. What did these bonds sell for when they were issued? (Round to the nearest cent)

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