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Assuming that the yield to maturity of each bond remains at 8.2% over the next 4 years, calculate the price of the bonds at each

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Assuming that the yield to maturity of each bond remains at 8.2% over the next 4 years, calculate the price of the bonds at each of the following years to maturity. Do not round intermediate calculations. Round your answers to the nearest cent.

Bond valuation Bond Z 4 Length of maturity in years Face value Yield to maturity Annual coupon Bond C 4 $1,000 8.20% 11.00% $1,000 8.20% 0.00% Formulas Price of Bond C Price of Bond Z Years to Maturity 4 3 2 1 0 Price of Bond C #N/A #N/A #N/A #N/A #N/A Price of Bond Z #N/A #N/A #N/A #N/A #N/A Assuming that the yield to maturity of each bond remains at 8.2% over the next 4 years, calculate the price of the bonds at each of the following years to maturity. Do not round intermediate calculations. Round your answers to the nearest cent. Years to Maturity Price of Bond C Price of Bond z 4 3 + M N O 2 1

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