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Wiser Co. issued 14-year bonds two years ago at a coupon rate of 7.4 percent. The bonds make semiannual payments. If the YTM on these

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Wiser Co. issued 14-year bonds two years ago at a coupon rate of 7.4 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.4 percent, what is the current dollar price assuming a par value of $1,000? (Do not round intermediate calculations. Input area: Years to Maturity Years passed since issue Coupon rate Coupons per year Face/Par value ($) Redemption YTM 14 2 7.4% 2 1,000.00 100 5.4% $ Input all stated data in numeric form here: NPER stands for Number of Periods, but you don't need to use the NPER fx to calculate here. Number of periods Settlement date Maturity date Use PRICE fx Price

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