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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,
Bond X is a premium bond making semiannual payments. The bond has a coupon rate of percent, a YTM of percent, and years to maturity. Bond Y is a discount bond making semiannual payments. This bond has a coupon rate of percent, a YTM of percent, and also years to maturity. Assume the interest rates remain unchanged and a $ par value.
a
What are the prices of these bonds today? Do not round intermediate calculations and round your answers 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 answers 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 answers 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 and round your answers to decimal places, eg
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