Question: How do I set this problem up in BA II PLUS TI calculator below? Bond Valuation with Semiannual Payments Renfro Rentals has issued bonds that
How do I set this problem up in BA II PLUS TI calculator below? Bond Valuation with Semiannual Payments Renfro Rentals has issued bonds that have a 11% coupon rate, payable semiannually. The bonds mature in 12 years, have a face value of $1,000, and a yield to maturity of 8.5%. What is the price of the bonds? Round your answer to the nearest cent. $
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