Suppose Ford sold an issue of bonds with a 16 -year maturity, a $1400 par value, a 10% coupon rate, and semiannual interest payments (which are determined by half of the coupon rate). Please use the factor formulae to solve the questions below: (a) Two years after the bonds were issued (after the 4th coupon amount payments), the going rate of interest on bonds such as these fell to 8% (compounded semi-annually). At what price would the bonds sell? Sell price =$ (keep 2 decimal places) (b) Suppose that, two years after the bonds' issue (after the 4th coupon amount payments), the going interest rate had risen to 15% (compounded semi-annually). At what price would the bonds sell? Sell price =$ (keep 2 decimal places)