E F G H A B Bond X is a premium bond making semiannual payments. The bond pays a 9 percent coupon, has a YTM of 7 percent, and has 13 years to maturity. Bond Y is a discount bond making semiannual payments. This bond pays a 7 percent coupon, has a YTM of 9 percent, and also has 13 years to maturity. What is the dollar price of each bond today? If interest rates remain unchanged, what do you expect the price of these bonds to be one year from now? In three years? In eight years? In 12 years? . 9 10 11 12 Bond X: Coupon rate Yield to maturity Settlement date Maturity date Maturity date Maturity date Maturity date Maturity date 9% 7% 1/1/2000 1/1/2013 1/1/2012 1/1/2010 1/1/2005 1/1/2001 13 14 15 16 17 18 19 Redemption (% of par) # of coupons per year 100 2 20 21 22 Bond Y: Chunon rate Sheet1 794 READY Attempt(s) 10/10 100% Show Me Hint D31 3 v fx B D E 17 F G . 18 Redemption (% of par) # of coupons per year 100 19 2 20 21 22 Bond Y: Coupon rate Yield to maturity 23 24 7% 9% 25 26 Complete the following analysis. Do not hard code values in your answers. 27 28 29 30 31 32 33 34 35 36 37 38 Price of Bond X Maturity (years) 13 12 10 5 1 39 40 Price of Bond Y Maturity (years) 13 Sheet1 READY SOVU D31 : X A B D E F G 1 25 26 Complete the following analysis. Do not hard code values in your answers. 27 28 29 30 31 Price of Bond X Maturity (years) 13 12 10 5 1 32 33 34 35 36 37 38 39 es 40 41 Price of Bond Y Maturity (years) 13 12 10 5 1 42 43 44 45 46 47 48 Sheet1 READY Attempt(s) 10/10 100 Show Me Pent