Please solve with correct answer has previous attempts did not solve it correctly.

9:48 LTE Expert Q&A a + Pybus, Inc. is considering issuing bonds that will mature in 23 years with an annual coupon rate of 9%. Their par value will be $1,000 and the interest will be paid semiannually. Pybus is hoping to get a AA rating on its bonds and, if it does, the yield to maturity on similar AA bonds is 7 percent. However, Pybus is not sure whether the new bonds will receive a AA rating. If they receive an A rating, the yield to maturity on similar A bonds is 8 percent. What will be the price of these bonds if they receive either an A or a AA rating? a. The price of the Pybus bonds if they receive a AA rating will be ? (Round to the nearest cent) b. The price of the Pybus bonds if they receive a A rating will be? (Round to the nearest cent) (Round to the nearest cent.) DO Expert Answer hellow 2 hours later 1 2 3 Rating YTM Price a AA 7% $816.07 A 8% $775.20 A 1 Rating YTM Price 2 a AA 10.07 !=PV(C212.232.9%/2*1000, 1000) 3DA 0.08 =PV/C3/2232.9%/2"10001000) 0 1 Was this answer helpful? 20 P1