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Bond x is a premium bond making semiannual payments. the bond has coupon rate of 8.3 percent, a ytm of 6.3 percent, and has 16

Bond x is a premium bond making semiannual payments. the bond has coupon rate of 8.3 percent, a ytm of 6.3 percent, and has 16 years to maturity. Bond y is a discount bond making semiannual payments. this bond has a coupon rate of 6.3 percent, a ytm of 8.3 percent, and also has 16 years to maturity. Assume the interest rates remain unchanged and both bonds have a par value of 1000. what are the prices of these bonds today? What do you expect the prices of these bonds to be in one year? What do you expect the prices of these bonds to be in three years? What do you expect the prices to be in eight years? What do you expect the prices to be in twelve years? What do you expect the prices to be in 16 years?

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