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Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 7.5 percent, a YTM of 6 percent and 13

Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 7.5 percent, a YTM of 6 percent and 13 years to maturity. Bond Y is a discount bond making semiannual payments. This bond has a coupon rate of 6 percent, a YTM of 7.5 percent, and also 13 years to maturity. what are the prices of these bonds today assuming both bonds have a $1000 par value. if Interest rates remain unchanged, what do you expect the prices of these bonds to be in 1 year? 3 years? 8 years? 12? 13? What is going on here?

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