1. Callaghan Motors' bonds have 10 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 9%, and the yield to maturity is 9%. What is the bond's current market price? Answer with 2 decimals ($1,000.00).

2.Callaghan Motors' bonds have 10 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 10.0%, and the yield to maturity is 8.5%. What is the bond's current market price? Answer with 2 decimals ($1,000.00).