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According to the figure below, as a bond approaches maturity the premium (or discount) reduces to zero. Prove this by calculating the sales price with 7,5 , and 2 years remaining to maturity for the following two bonds. Assume a constant yield to maturity of 8 percent. a. A 10 -year, 10 percent annual coupon bond. b. A 10-year, 6 percent annual coupon bond. Click on the table icon to view the PVIF table Click on the table icon to view the PVIFA table Data table Data table According to the figure below, as a bond approaches maturity the premium (or discount) reduces to zero. Prove this by calculating the sales price with 7,5 , a. The sales price, PV, of a 10-year, 10 percent annual coupon bond, a yield to maturity of 8 percent and with 7 years remaining to maturity is $ (Round to the nearest cent.) The sales price, PV, of a 10-year, 10 percent annual coupon bond, a yield to maturity of 8 percent and with 5 years remaining to maturity is $. (Round to the nearest cent.) The sales price, PV, of a 10-year, 10 percent annual coupon bond, a yield to maturity of 8 percent and with 2 years remaining to maturity is $ (Round to the nearest cent.) b. The sales price, PV, of a 10 -year, 6 percent annual coupon bond, a yield to maturity of 8 percent and with 7 years remaining to maturity is $ (Round to the nearest cent.) The sales price, PV, of a 10-year, 6 percent annual coupon bond, a yield to maturity of 8 percent and with 5 years remaining to maturity is $ (Round to the nearest cent.) The sales price, PV, of a 10-year, 6 percent annual coupon bond, a yield to maturity of 8 percent and with 2 years remaining to maturity is $ (Round to the nearest cent.)