A company is contemplating issuing a 30 year bond with a company rate of 7.18% (annual coupon payments) and a face value of $1000. The CEO believes it can get a rating of a from Standard & Poor's. however, due to recent financial difficulties at the company, Standard & Poor's is warning that it may downgarde The companies bonds to BBB. Yields on A-rated, Long term bonds are currently 6.53%, and yields on BBB-rated bonds are 6.84%. what is the price of the bond if the company maintains the A rating for the bond issue? What will be the price of the bond if it is downgraded?