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Bond X is a premium bond making annual payments. Bond X is a premium bond making annual payments. The bond has a coupon rate of

Bond X is a premium bond making annual payments.

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Bond X is a premium bond making annual payments. The bond has a coupon rate of 8.4 percent, a YTM of 6.4 percent, and has 17 years to maturity. Bond Y is a discount bond making annual paymen This bond has a coupon rate of6.4 percent, a YTM of 8.4 percent, and also has 17 years to maturity Assume the interest rates remain unchanged Requirement 1: What are the prices of these bonds today? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) rices Bond X Bond Y Requirement 2: What do you expect the prices of these bonds to be in one year? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g.,32.16).) rices Bond X Bond Y Requirement 3: What do you expect the prices of these bonds to be in three years? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g.,32.16).) rices Bond X Bond Y Requirement 4: What do you expect the prices of these bonds to be in eight years? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g.,32.16).) rices Bond X Bond Y Requirement 5: What do you expect the prices of these bonds to be in 12 years? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) rices Bond X Bond Y Requirement 6: What do you expect the prices of these bonds to be in 17 years? (Do not round intermediate calculations.) ices Bond X Bond Y

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