Applied Software has a $$1,000$ par value bond outstanding that pays $18$ percent interest with annual payments. The current yield to maturity on such bonds in the market is $11$ percent.

Compute the price of the bonds for these maturity dates: $($Use a Financial calculator to arrive at the answers. Do not round intermediate calculations. Round the final answers to $2$ decimal places.$)$

Price of the

bond

a$.30$ years $

b$.17$ years $

c$.2$ years $