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 8.7%. Bond C pays a 11.5% annual coupon, while Bond Z is a zero coupon bond.

Assuming that the yield to maturity of each bond remains at 8.7% 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.

Years to Maturity Price of BondC Price ofBondZ

4 $ _____ $ ______.

3 $ _____ $ ______

2. $ _____ $ ______

1. $ _____ $ ______

0 $ _____ $ ______