Bond Prices:

1. On Dec. 30^th 2019, the interest rate (yield-to-maturity)on a ten-year Treasury bond was 1.827%. If the bond paid a 2% annual coupon for 10 years and had a par value of $1,000, what price would it have sold for on Dec. 30^th?
2. On Mar. 5^nd 2020, the interest rate (yield-to-maturity) on a ten-year Treasury had dropped to 0.926%. Again, if a bond paid a 2% annual coupon for 10 years and had a par value of $1,000, what price would it have sold for on Mar. 5^th?