Question 26 of 26 View Policies Current Attempt in Progress Using a financial calculator, solve for the unknowns in each of the following situations. -15 I!! (a) On June 1, 2021, Sarah Lawrence purchases lakefront property from her neighbor, Josh Hutcherson, and agrees to pay the purchase price in 6 payments of $13,000 each, the first payment to be payable June 1, 2022. (Assume that interest compounded at an annual rate of 6.80% is implicit in the payments.) What is the purchase price of the property? (Round answer to 2 decimal places, e.g. 25.25.) The purchase price of the property $ (b) On January 1, 2021, Ayayai Corp. purchased 300 of the $1,000 face value, 7% coupon, 10-year bonds of Kingbird, Inc. The bonds mature on January 1, 2031, and pay interest annually beginning January 1, 2022. Ayayai purchased the bonds to yield 9.65%. How much did Ayayai pay for the bonds? (Round answer to 2 decimal places, e.g. 25.25.) Ayayai pay for the bonds $ eTextbook and Media