Q5 Please answer the abc's as a part of one whole question

a. The price of the Pybus bonds if they receive a AA rating will be

$

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b. What will be the price of these bonds if they receive a A rating?

(Related to Checkpoint 9.3) (Bond valuation) Pybus, Inc. is considering issuing bonds that will mature in 25 years with an annual coupon rate of 9 percent. 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, it does, the yield to maturity on similar AA bonds is 10 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 11 percent. What will be the price of these bonds if they receive either an Aor a AA rating? .. The price of the Pybus bonds if they receive a AA rating will be $(Round to the nearest cent.)