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Exodus Limousine Company has $1,000 par value bonds outstanding at 13 percent interest. The bonds...

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Exodus Limousine Company has $1,000 par value bonds outstanding at 13 percent interest. The bonds will mature in 50 years. Use Appendix 8 and ARpendix Q for an approximate answer but calculate your final answer using the formula and financial calculator methods. Compute the current price of the bonds if the percent yield to maturity is: (Do not round intermediate calculations. Round your final onswers to 2 decimal places. Assume interest payments are onnual.) Exodus Limousine Company has $1,000 par value bonds outstanding at 13 percent interest. The bonds will mature in 50 years. Use Appendix 8 and ARpendix Q for an approximate answer but calculate your final answer using the formula and financial calculator methods. Compute the current price of the bonds if the percent yield to maturity is: (Do not round intermediate calculations. Round your final onswers to 2 decimal places. Assume interest payments are onnual.)

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