how would i solve it if there is no par value? or can i just put $1,000 as par value to be able to solve it

2. (10 points) Consider the following two bonds. One bond with a coupon rate of 5%, semi-annual coupons, and 10 years until maturity. The second bond has 5 years until maturity but is! otherwise the same What is the most you should pay for each asset if current yields are 7%? b. Do the bonds sell at a premium or a discount? c. Suppose current yields increase to 8%, what are the new bond prices? d. Which bond is more sensitive to yield changes? Why? bond 1 bond 2 both semi-annual C=.05 YEM=5 C=.05 YTH= 10