Problem 7-6 Bond valuation An investor has two bonds in her portfolio, Bond C and Bond Z. Each bond matures in 4 years, has a face value of $1,000, and has a yield to maturity of 8.7%. Bond C pays a 12% annual coupon, while Bond Z is a zero coupon bond. a. Assuming that the yield to matunty of each bond remains at 8.7% over the next 4 years, calculate the price of the bonds at each o e ollowing ears to maturity Round your answer to the nearest cent. Years to Maturity Price of Bond C Price of Bond Z 4 716.3 0 110.39 $ 0 0