Two bonds have par values of $1,000. One is a 5.5%, 16-year bond priced to yield 10.0%. The other is a(n) 8.5%. 24-year bond priced to yield 5.0%. Which of these two has the lower price? (Assume annual compounding in both cases.) The price, PV, of the 5.5%, 16-year bond is $. (Round to the nearest cont.) The price, PV, of the 8.5%, 24-year bond is $ (Round to the nearest cont.) Which of these two has the lower price? (Select the best answer below.) O The 5.5%. 16-year bond has lower price of $647.93 O The 8.5%, 24-year bond has lower price of 564793