1. What is the price of a bond with the following features?

6 years to maturity, face value of $1000, coupon rate of 4% (annual coupons) and yield to maturity (discount rate) of 4.4%.

Enter your answer in dollars, rounded to the nearest cent (that's 2 decimals).

2. As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 4 years, the coupon rate is 9% paid annually, and the discount rate is 16%.

What should be the estimated value of this bond in one year?

Enter your answer in terms of dollars, rounded to the nearest cent.