Bond Price Movements. Bond X is a premium bond making annual payments. The bond pays a 8 percent coupon, has a YTM of 6%, and has 14 years to maturity. Bond Y is a discount bond making annual payments. The bond pays a 6% coupon, has a YTM of 8%, and also has 14 years to maturity.
If interest rates remain unchanged the price of Bond X will be $________ in 2 years.
If interest rates remain unchanged the price of Bond Y will be $________ in 2 years.
If interest rates remain unchanged the price of Bond X will be $________ in 4 years.
If interest rates remain unchanged the price of Bond Y will be $________ in 4 years.
If interest rates remain unchanged the price of Bond X will be $________ in 8 years.
If interest rates remain unchanged the price of Bond Y will be $________ in 8 years.
If interest rates remain unchanged the price of Bond X will be $________ in 11 years.
If interest rates remain unchanged the price of Bond Y will be $________ in 11 years.