If you could please answer both and show your work it would be greatly appreciated. Will leave good feedback if done in 30 mins.

QUESTION 16 You sell a $1,000-par zero-coupon bond that has seven years of remaining maturity. Rates are 7%. You plan on buying the bond back in one year and believe that the interest rate next year will have the following probability distribution: [Probability | Interest Rate Next Year (%)]; [0.15 | 6.0]; [0.25 6.25]; [0.4 | 6.5]; [0.15 | 6.75]; [0.05 | 7.0). The bond is priced today at $ _? (Round to the nearest Dollar) 713 QUESTION 17 You sell a $1,000-par zero-coupon bond that has seven years of remaining maturity. Rates are 7%. You plan on buying the bond back in one year and believe that the interest rate next year will have the following probability distribution: [Probability | Interest Rate Next Year (%)]; [0.15 6.0]; [0.25 6.25); [0.4 6.5]; [0.15 6.75]; [0.05 | 7.0]. You expect to buy the bond back for $ in one year? (Round to the nearest Dollar) QUESTION 16 You sell a $1,000-par zero-coupon bond that has seven years of remaining maturity. Rates are 7%. You plan on buying the bond back in one year and believe that the interest rate next year will have the following probability distribution: [Probability | Interest Rate Next Year (%)]; [0.15 | 6.0]; [0.25 6.25]; [0.4 | 6.5]; [0.15 | 6.75]; [0.05 | 7.0). The bond is priced today at $ _? (Round to the nearest Dollar) 713 QUESTION 17 You sell a $1,000-par zero-coupon bond that has seven years of remaining maturity. Rates are 7%. You plan on buying the bond back in one year and believe that the interest rate next year will have the following probability distribution: [Probability | Interest Rate Next Year (%)]; [0.15 6.0]; [0.25 6.25); [0.4 6.5]; [0.15 6.75]; [0.05 | 7.0]. You expect to buy the bond back for $ in one year? (Round to the nearest Dollar)