Quiz: Unit 9 Lab Quiz This Question: 2 pts 20 of 20 (16 complete) Submit Qui This Quiz: 40 pts possib (Related to Checkpoint 9.3) (Bond valuation) Pybus, Inc. is considering issuing bonds that will mature in 25 years with an annual coupon rate of 11 percent. Their par value will be $1,000, and the interest will be paid serhiannually. Pybus is hoping to get a AA rating on its bonds and, if it does, the yield to maturity on similar AA bonds is 7 percent. However, Pybus is not sure whether the new bonds will receive a AA rating. If they receive an A rating, the yield to maturity on similar A bonds is 8 percent. What will be the price of these bonds if they receive either an A or a AA rating? a. The price of the Pybus bonds if they receive a AA rating will be $ (Round to the nearest cent.) b. The price of the Pybus bonds if they receive an A rating will be $ (Round to the nearest cent.) Enter your answer in each of the answer boxes. Type here to search O o ? 61F Mostly clear 40) 8:55 PM 6/22/2021 5