A bond's credit rating provides a gulde to its risk. Long-term bonds rated Aa currently offer yields to maturity of 5.4%. A-rated bonds sell at yields of 5.7%. Assume a 10-year bond with a coupon rate of 4.9% is downgraded by Moody's from Aa to A rating. a. Calculate the initial price. (Do not round intermedlate calculations. Round your answer to 2 decimal places.) Initial price b. Calculate the new price. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) ew price