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Bond X is a premium bond making annual payments. The bond has a coupon rate of 9.3 percent, a YTM of 7.3 percent, and has

Bond X is a premium bond making annual payments. The bond has a coupon rate of 9.3 percent, a YTM of 7.3 percent, and has 18 years to maturity. Bond Y is a discount bond making annual payments. This bond has a coupon rate of 7.3 percent, a YTM of 9.3 percent, and also has 18 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).)

Prices
Bond X $
Bond Y $

Requirement 6:

What do you expect the prices of these bonds to be in 18 years? (Do not round intermediate calculations.)

Prices
Bond X $
Bond Y $

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