#$21$

Assume a par value of $$1,000.$ Caspian Sea plans to issue a $11\mathrm{.}00$ year, semi$-$annual pay bond that has a coupon rate of $8\mathrm{.}06\%.$ If the yield to maturity for the bond is $7\mathrm{.}66\%,$ what will the price of the bond be$?$

Answer format: Currency: Round to: $2$ decimal places.

Attempts Remaining: Infinity

#$22$

Assume a par value of $$1,000.$ Caspian Sea plans to issue a $15\mathrm{.}00$ year, annual pay bond that has a coupon rate of $8\mathrm{.}10\%.$ If the yield to maturity for the bond is $7\mathrm{.}59\%,$ what will the price of the bond be$?$

Answer format: Currency: Round to: $2$ decimal places.