Miller Corporation has a premium bond making semiannual payments. The bond pays an 8 percent coupon, has a YTM of 6 percent, and has 17 years to maturity. The Modigliani Company has a discount bond making semiannual payments. This bond pays a 6 percent coupon, has a YTM of 8 percent, and also has 17 years to maturity. (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.)

If interest rates remain unchanged, what do you expect the price of these bonds to be 1 year from now? 6 years? 12 years? 14 years? 17 years?

Price of bond	Miller Corporation Bond	Modigliani Company Bond
One year	$	$
6 years	$	$
12 years	$	$
14 years	$	$
17 years	$	$