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The Morgan Corporation has two different bonds currently outstanding Bond M has a face value of $30 000 and matures in 20 years The bond

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The Morgan Corporation has two different bonds currently outstanding Bond M has a face value of $30 000 and matures in 20 years The bond makes no payments tor the first six years then pays $1 900 every six months over the subsequent eight years, and finally pays $2 200 every six months over the last six years Bond N also has a face value of $30 000 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 percent compounded semiannually. What is the current price of bond M and bond N? (Do not round intermediate calculations. Round your answers to 2 decimal place. (e.g., 32.16).)

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