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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

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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 six 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 intermediate colculations and round your onswers to 2 decimal places, e.g., 32.16.) Assuming semiannual compounding. what is the price of a zero coupon bond with 18 years to maturity paying $1,000 at maturity if the YTM is (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 3216.) Answer is complete but not entirely correct

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