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Whelton Properties has two bonds outstanding. Bond A was issued 1 3 years ago with a coupon rate of 8 . 5 % . The

Whelton Properties has two bonds outstanding. Bond A was issued 13 years ago with a coupon rate of 8.5%. The other, Bond B, was issued 7 years ago with a coupon rate of 7.8%. Both bonds were originally issued as 30-year bonds with coupon payments made semi-annually. The current market rate (YTM) is 10.5%.
What is the current price of Bond A?
What is the current price of Bond B?

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