Question: Data table Data table According to the figure below, as a bond approaches maturity the premium (or discount) reduces to zero. Prove this by calculating

 Data table Data table According to the figure below, as abond approaches maturity the premium (or discount) reduces to zero. Prove thisby calculating the sales price with 7,5 , and 2 years remaining

Data table Data table According to the figure below, as a bond approaches maturity the premium (or discount) reduces to zero. Prove this by calculating the sales price with 7,5 , and 2 years remaining to maturity for the following two bonds. Assume a constant yield to maturity of 8 percent. a. A 10 -year, 11 percent annual coupon bond. b. A 10 -year, 6 percent annual coupon bond. Click on the table icon to view the PVIF table Click on the table icon to view the PVIFA table a. The sales price, PV, of a 10 -year, 11 percent annual coupon bond, a yield to maturity of 8 percent and with 7 years remaining to maturity is $ The sales price, PV, of a 10 -year, 11 percent annual coupon bond, a yield to maturity of 8 percent and with 5 years remaining to maturity is $ The sales price, PV, of a 10 -year, 11 percent annual coupon bond, a yield to maturity of 8 percent and with 2 years remaining to maturity is $ b. The sales price, PV, of a 10-year, 6 percent annual coupon bond, a yield to maturity of 8 percent and with 7 years remaining to maturity is $ The sales price, PV, of a 10 -year, 6 percent annual coupon bond, a yield to maturity of 8 percent and with 5 years remaining to maturity is $ The sales price, PV, of a 10 -year, 6 percent annual coupon bond, a yield to maturity of 8 percent and with 2 years remaining to maturity is $ (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) . (Round to the nearest cent.)

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