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The Metchosin Corporation has two different bonds currently outstanding. Bond M has a face value of $ 8 0 , 0 0 0 and matures

The Metchosin Corporation has two different bonds currently outstanding. Bond M has a face value of $80,000 and matures in 20
years. The bond makes no payments for the first six years, then pays $2,900 every six months over the subsequent eight years, and
finally pays $3,200 every six months over the last six years. Bond N also has a face value of $80,000 and a maturity of 20 years; it
makes no coupon payments over the life of the bond. The required return on both these bonds is 12% 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.)
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