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Bond x is a premium bond making semiannual payments. The bond has a coupon rate of 8 . 3 percent, a YTM of 6 .
Bond is a premium bond making semiannual payments. The bond has a coupon rate
of percent, a YTM of percent, and has years to maturity. Bond is a discount
bond making semiannual 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 and both bonds have a par value of $
a What are the prices of these bonds today? Do not round intermediate calculations
and round your answer to decimal places, eg
b What do you expect the prices of these bonds to be in one year? Do not round
intermediate calculations and round your answer to decimal places, eg
c What do you expect the prices of these bonds to be in three years? Do not round
intermediate calculations and round your answer to decimal places, eg
d What do you expect the prices of these bonds to be in eight years? Do not round
intermediate calculations and round your answers to decimal places, eg
e What do you expect the prices of these bonds to be in years? Do not round
intermediate calculations and round your answers to decimal places, eg
f What do you expect the prices of these bonds to be in years? Do not round
intermediate calculations.
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