Two bonds have par values of $1,000. One is a 6%,20-year bond priced to yield 7.0%. The other is a(n) 9%, 24 -year bond priced to yield 5.5%. Which of these two has the lower price? (Assume annual compounding in both cases.) The price, PV, of the 6%,20-year bond is $ (Round to the nearest cent.) Two bonds have par values of $1,000. One is a 6%,20-year bond priced to yield 7.0%. The other is a(n) 9%, 24 -year bond priced to yield 5.5%. Which of these two has the lower price? (Assume annual compounding in both cases.) The price, PV, of the 6%,20-year bond is $ (Round to the nearest cent.)