James is a broker from YTL Ltd. plans to buy bonds from Axiata and Maxis. Axiata Bond has coupon rate 10 percent paid semiannually, required rate of return 8 percent and 6 years of maturity while, Maxis Bond has coupon rate of 7 percent with annually paid, required rate of return is 12 percent and 10 years of maturity. Determined the value for each bond if par value for both bonds is RM1000.