1. Compute the price of a 7.3 percent coupon bond with ten years left to maturity and a market interest rate of 8.0 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations and round your final answer to 2 decimal places.)

2.

Calculate the price of a 5.9 percent coupon bond with 15 years left to maturity and a market interest rate of 4.2 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations and round your final answer to 2 decimal places.)