Problem 7-2 Yield to maturity and future price

A bond has a $1,000 par value, 7 years to maturity, and a 9% annual coupon and sells for $1,095.

Assume that the yield to maturity remains constant for the next 2 years. What will the price be 2 years from today? Round your answer to the nearest cent. $

Problem 7-3 Bond valuation

Nungesser Corporation's outstanding bonds have a $1,000 par value, a 6% semiannual coupon, 18 years to maturity, and an 8.5% YTM. What is the bond's price? Round your answer to the nearest cent.