What is the current price of these bonds?

 

Blossom Corp. has 18-year bonds outstanding. These bonds, which pay interest semiannually, have a coupon rate of 9.905 percent and a yield to maturity of 8.1 percent. Assume face value is $1,000. Problem 8.30(a) * Your answer is incorrect. Compute the current price of these bonds. (Round answer to 2 decimal places, e.g. 15.25.) Current price $ eTextbook and Media Save for Later 509.17 Attempts: unlimited Submit Answer