Lance Whittingham IV specializes in buying deep discount bonds. These represent bonds that are trading at well below par value. He has his eye on a bond issued by the Leisure Time Corporation. The $1,000 par value bond pays 7 percent annual interest and has 16 years remaining to maturity. The current yield to maturity on similar bonds is 10 percent. Note: Do not input a dollar sign. Round your final answer to 2 decimal places. For answers in the thousands, input a comma. a. What is the current price of the bonds? Note: Do not input a percentage. Round your final answer to 2 decimal places. b. By what percent will the price of the bonds increase between now and maturity