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Part 1 Attempt 3/5 for 6 pts. Bond X and Bond Y were issued at a premium to par value three years ago. Bond X
Part 1 Attempt 3/5 for 6 pts. Bond X and Bond Y were issued at a premium to par value three years ago. Bond X matures in five years, and Bond Y matures in ten years. Both bonds carry the same credit rating. Bond X has a coupon of 7.25%, and Bond Y has a coupon of 8.00%. If the yield to maturity for both bonds is 7.60% today: Check all that apply: Compared to three years ago, YTM today goes up for Bond X Compared to three years ago, YTM today goes up for Bond Y Compared to three years ago, price for Bond X goes down Compared to three years ago, YTMs today go up for both Bond X and Bond Y Bond X is priced at a premium, and Bond Y is priced at a discount Bond X is priced at a discount, and Bond Y is priced at a premium both bonds are priced at a premium Compared to three years ago, price for Bond Y goes up
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