value 1.00 points Problem 7-34 Valuing Bonds LO2] Jallouk Corporation has two different bonds currently outstanding Bond M has a face value of $30.000 and matures in 20 years. The bond makes no payments for the first six years, then pays $1.900 every six months over the subsequent eight years, and finally pays $2.200 every six months over the last six years Bond N also has a face value of S30.000 and a maturity of 20 years, it makes no coupon payments life of the bond. The required return on both these bonds is 12 percent compounded semiannually What is the current price of bond M and bond N? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) Current price Bond M Bond N References eBook & Resources