The Morgan Corporation has two different bonds currently outstanding. Bond M h

The Morgan Corporation has two different bonds currently outstanding. Bond M has a face value of $27500 and matures in 17 years. The bond
makes no payments for the first 7 years then pays $1400 every six months over the subsequent 3 years and finally pays $1800 every six months over the last
7 years. Bond N also has a face value of $27500 and a maturity of 17 years; it makes no coupon payments over the life of the bond. If the required return on
both these bonds is 11 percent compounded semiannually the current price of Bonds M and N is $______ and $_________