Bond X a YTM of 5 percent, and has 13 years to maturity. Bond Y is a discount bond making semiannual payments. This bond pays a coupon rate of 5 percent, has a YTM of 7 percent, and also has 13 years to is a premium bond making semiannual payments. The bond pays a coupon rate of 7 percent, has maturity. The bonds have a $1,000 par value. What is the price of each bond today? (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.) Price of Bond X Price of Bond Y If interest rates remain unchanged, what do you expect the price of these bonds to be one year from now? In four years? In nine years? In 11 years? In 13 years? (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.) ou yswers to 2 decimal placty eg. Price of bond calculations. Round Bond X ne year Four years Nine years 11 years 13 years Bond Y Hints References eBook & Resources