please help

Lance Whitingham IV specializes in buying deep discount bonds. These represent bonds that are trading at well befow 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 maturty on similar bonds is 15 percent. Use Aprencix. B and approximate answer but calcuiate your final answer using the formula and financial calculator methods. a. What is the current price of the bonds? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. Assume interest payments are annual. b. By what percent will the price of the bonds increase between now and maturity? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. Thi etir vales of as atumity ef s1. pvikd PYif=4[1i(i+i)2)]+1 Present valur of 51, try FV=FY[t/(t+m)