Cookie Dough Corporation has two different bonds currently outstanding. Bond M has a face value of $20,000 and matures in 20 years. The bond makes no payments for the first six years, then pays $3,000 every 5ix months over the subsequent eight years, and finally pays $3,300 every six months over the last six years. Bond N also has a face value of $20,000 and a maturity of 20 years, it makes no coupon payments over the life of the bond. The required return on both these bonds is 10 percent compounded semiannually. What is the current price of Bond M and Bond N ? (Do not round intermediote calculations and round your onswers to 2 decimal places, e.g., 32.16.) When Marilyn Monroe died, ex-husband Joe DiMaggio vowed to place fresh flowers on her grave every Sunday as long as he lived. The week after she died in 1962, a bunch of fresh flowers that the former baseball player thought appropriate for the star cost about $10. Based on actuarial tables, "Joltin" Joe" could expect to live for 25 years after the actress died. Assume that the EAR is 8.8 percent. Also, assume that the price of the flowers will increase at 37 percent per year, when expressed as an EAR. Assume that each year has exactly 52 weeks and Joe began purchasing flowers the week after Marilyn died. What is the present value of this commitment? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)