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I will rate, thank you What would be the initial offering price for the following bonds (assume $1,000 par value and semiannual compounding)? Do not

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I will rate, thank you

What would be the initial offering price for the following bonds (assume $1,000 par value and semiannual compounding)? Do not round intermediate calculations. Round your answers to the nearest cent. a. A 14-year zero-coupon bond with a yield to maturity (YTM) of 10%. $ b. A 25-year zero-coupon bond with a YTM of 6%. $

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