Question: Problem 6-6 Bond Prices [LO 2] Harrison Co. issued 14-year bonds one year ago at a coupon rate of 6.4 percent. The bonds make semiannual

Problem 6-6 Bond Prices [LO 2] Harrison Co. issued 14-year bonds one year ago at a coupon rate of 6.4 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.3 percent, what is the current dollar price assuming a $1,000 par value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price= ???

I need to know what #s you plugged in to get the answer.

For example, N= 28, I/Y= 5.3 FV= 1000

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