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The Metchosin Corporation has two different bonds currently outstanding Bond M has a face value of $ 5 0 , 0 0 0 and

The Metchosin Corporation has two different bonds currently outstanding Bond M has a face value of \$50,000 and matures in 20 yearsThe bond makes no payments for the first six years , then pays $1,600 every six months over the subsequent eight years, and finally pays $1,900 every six months over the last six years. Bond N also has a face value of \$50,000 and a maturity of 20 yearsit makes no coupon payments over the life of the bond. The required return on both these bonds is 10% compounded semiannually what is the current price of bond M and bond N (Do not round intermediate calculations . Round the final answers to 2 decimal places) Current Price Bond Bond N

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