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Two bonds, each with a face value of $16000, are redeemable at par in n-years and priced to yield j4=6.4%. Bond 1 has a coupon

Two bonds, each with a face value of $16000, are redeemable at par in n-years and priced to yield j4=6.4%. Bond 1 has a coupon rate j4=7.6% and sells for $16816.03. Bond 2 has coupon rate j4=3.2% and sells for $P. What is the value of P ? Answer: $

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