1. Calculate the current price of a $1,000 par value bond that has a coupon rate of 8 percent, pays coupon interest annually, has 26 years remaining to maturity, and has a current yield to maturity (discount rate) of 10 percent. (Round your answer to 2 decimal places and record without dollar sign or commas).

2. Compute the price of a $1,000 par value, 10 percent (semi-annual payment) coupon bond with 19 years remaining until maturity assuming that the bond's yield to maturity is 19 percent? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).