Related to Checkpoint $9\mathrm{.}3)($Bond valuation$)$ Pybus, Inc. is considering issuing bonds that will mature in $17$ years with an annual coupon rate of $6$ 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, if it does, the yield to maturity on similar AA bonds is $9$ percent. However,

Sybus 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 $10$ percent. What will be the price of these

ponds if they receive either an $A$ or a A rating?

The price of the Pybus bonds if they receive a AA rating will be $$,($Round to the nearest cent.$)$

$.$ The price of the Pybus bonds if they receive an A rating will be $$.($Round to the nearest cent.$)$