An investor has two bonds in her portfolio, Bond C and Bond Z. Each bond matures in 4 years, has a face value of $1,000, and has a yield to maturity of 8.4%. Bond C pays a 12.5% annual coupon, while Bond Z is a zero coupon bond.

Assuming that the yield to maturity of each bond remains at 8.4% over the next 4 years, calculate the price of the bonds at each of the following years to maturity.

Round your answers to the nearest cent. Y

Years to Maturity Price of Bond C Price of Bond Z

4 $ $

3 $ $

2 $ $

1 $ $

0 $ $