A bond with 25 years until maturity has a coupon rate of 72, Financial Management

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A bond with 25 years until maturity has a coupon rate of 72

A bond with 25 years until maturity has a coupon rate of 7.2 percent and a yield to maturity of 6 percent. What is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "%" sign in your response.)

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Financial Management: A bond with 25 years until maturity has a coupon rate of 72

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Financial Management: A bond with 25 years until maturity has a coupon rate of 72

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