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 payments This bond has a coupon rate of 6 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 R ound your answers to 2 decimal places (e g , 32 16) ) Prices 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) ) Prices 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) ) Prices 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) ) Prices 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) ) Prices 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 ) Prices Bond X $ Bond Y $

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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

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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 payments. This bond has a coupon rate of 6.4 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).)

	Prices
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).)

	Prices
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).)

	Prices
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).)

	Prices
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).)