A $10,000 face value 30-year corporate bond with a 5.25percent coupon which is paid semiannually has 15 years left to maturity. It had a credit rating of BBB and a yield to maturity of 8percent. The firm has recently gotten into some trouble, and the rating agency is downgrading the bonds to BB. The new appropriate discount rate will be 10percent. What is thecorporate bond's new price in dollars terms? What is the percentage change in corporate bond's price if it remained a BBB credit rating and did not downgrade to a BB credit rating?