Bond A has the following terms:

Coupon rate of interest $($paid annually$)$: $8$ percent

Principal: $$1,000$

Term to maturity: Ten years

Bond B has the following terms:

Coupon rate of interest $($paid annually$)$: $4$ percent

Principal: $$1,000$

Term to maturity: Ten years

What should be the price of each bond if interest rate is $8$ percent? Use Appendix B and Appendix D to answer the question. Round your answers to the nearest dollar.

Price of bond A: $

Price of bond B: $

What will be the price of each bond if$,$ after five years have elapsed, interest rate is $8$ percent? Use Appendix B and Appendix D to answer the question. Round your answers to the nearest dollar.

Price of bond A: $

Price of bond B: $

What will be the price of each bond if$,$ after ten years have elapsed, interest rate is $5$ percent? Use Appendix B and Appendix D to answer the question. Round your answers to the nearest dollar.

Price of bond A: $

Price of bond B: $