1. A bond offers a coupon rate of 11%, paid annually, and has a maturity of 10 years. Face value is $1,000. If the current market yield is 9% (discount rate), what should be the price of this bond? Enter your answer in dollars, without the dollar sign ('$'), and rounded to the nearest cent (2 decimals).

2. A bond offers a coupon rate of 12%, paid semiannually, and has a maturity of 10 years. Face value is $1,000. If the current market yield is 10%, what should be the price of this bond? Enter your answer in dollars, without the dollar sign ('$'), and rounded to the nearest cent (2 decimals).