The Konnichiwa Corporation has ferferent bonds currently outstanding. Bond Mfhas a tace value of $25,000 and matures in 20 years The bond makes no payments for the first six years, then pays $1,500 annually over the subsequent eight years, and finally pays $2,000 annually over the last $2x years. Bond N also has a face value of $25,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. Assume that the required return on these bonds is 10% compounded annually. (a) Calculate the current price of Bond M. (b) Calculate the current price of Bond N