Question: Problem 7 - 6 Bond Prices ( LO 2 ) Langford C o . issued 1 4 - year bonds a year ago at a

Problem 7-6 Bond Prices (LO2)
Langford Co. issued 14- year bonds a year ago at a coupon rate of 8.1%. The bonds make semiannual payments. If the YTM on these bonds is 6.4%, what is the current bond price? (Do not round intermediate calculations. Round the final answer to 2 decimal places.
Omit $ sign in your response.)
Current bond price
$
Problem 7-6 Bond Prices (LO2) Langford Co. issued 14- year bonds

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