Things Get Messi Enterprises is issuing new bonds for a capital budgeting project. The bonds will have 25.00 year maturities with a coupon rate of 6.75% APR with semi-annual coupon payments (assume a face value of $1,000 on the bond). The current market rate for similar bonds is 8.30% APR. The company hopes to raise $30.77 million with the new issue. Based on the current market rate, what will a new bond sell for? Submit Answer format: Currency: Round to: 2 decimal places. Show Hint A couple purchased a bond for $950.00 three years ago. The bond pays 6.125% APR with semi-annual coupons with a face value of $1,000. Currently, the bond has exactly 10 years until maturity, and investors seek a return of 11.33% APR on bonds of similar risk. What is the current price of the bond? Submit Answer format: Currency: Round to: 2 decimal places. Show Hint