Exodus Limousine Company has $1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 40 years

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answerhappygod
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Exodus Limousine Company has $1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 40 years

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Exodus Limousine Company has $1,000 par value bonds outstanding
at 8 percent interest. The bonds will mature in 40 years with
annual payments. If the current yield to maturity is 13 percent,
what percent of the total bond value does the repayment of
principal represent? Use Appendix B and Appendix D. (Round "PV
Factor" to 3 decimal places. Do not round intermediate
calculations. Round the final answer to 2 decimal places.)
Principal repayment
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