Compute current price of bonds if present yield to maturity

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The Lone Star Company has $1,000 par value bonds outstanding at 10 percent interest. The bonds will mature in 20 years. Compute the current price of the bonds if the present yield to maturity is: 6 percent? 9 percent? 13 percent? Three total answers needed....Round "PV Factor" to 3 decimal places. Round your answer to 2 decimal places. Omit the "$" in your response.

Reference no: EM13763223

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