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Bond X is a premium bond making annual payments. The bond has a coupon rate of 9 . 6 percent, a YTM of 7 .
Bond X is a premium bond making annual payments. The bond has a coupon rate of percent, a YTM of percent, and has years to maturity. Bond Y is a discount bond making annual payments. This bond has a coupon rate of percent, a YTM of percent, and also has years to maturity. Assume the interest rates remain unchanged.
Requirement :
What are the prices of these bonds today? Do not round intermediate calculations. Round your answers to decimal places eg
Prices
Bond X $
Bond Y $
Requirement :
What do you expect the prices of these bonds to be in one year? Do not round intermediate calculations. Round your answers to decimal places eg
Prices
Bond X $
Bond Y $
Requirement :
What do you expect the prices of these bonds to be in three years? Do not round intermediate calculations. Round your answers to decimal places eg
Prices
Bond X $
Bond Y $
Requirement :
What do you expect the prices of these bonds to be in eight years? Do not round intermediate calculations. Round your answers to decimal places eg
Prices
Bond X $
Bond Y $
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