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PineApple Computers has two series of bonds that both have an annual coupon rate of 2.75%, and are currently trading at their par value of

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PineApple Computers has two series of bonds that both have an annual coupon rate of 2.75%, and are currently trading at their par value of $1,000. PineApple's Series A bonds have 5 years until maturity and Series B bonds have 20 years until maturity. Due to economic concerns the market yield to maturity rate for similar bonds increases to 5.5%. Question 12 (1 point) 8) What would be the new price of the PineApple's Series A Bonds? $1075.56 $881.20 $1021.74 $973.86 What would be the new price of the PineApple's Series B bonds? $1000.00 O $668.93 $998.21 $885.42 $1010.25

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