A firm has some bonds maturing in 7 years, with par value of $1,000. Those bonds make annual coupon payment of $70. The market interest rate on similar bonds is 8.5%. What is the bond's price? 10-A firm has some bonds maturing in 10 years. They have a par value of $1,000 and coupon rate of 5.5% with semi-annual payments. If the current market interest rate is 7.0%, at what price should the bonds sell? What is this bond's current yield?