Question: i cannot figure this problem out Bond P is a premium bond with a coupon of 7.4 percent, a YTM of 6.15 percent, and 15
Bond P is a premium bond with a coupon of 7.4 percent, a YTM of 6.15 percent, and 15 years to maturity. Bond D is a discount bond with a coupon of 7.4 percent, a YTM of 9.15 percent, and also has 15 years to maturity. If interest rates remain unchanged, what do you expect the price of these bonds to be 1 year from now? In 5 years? In 10 years? In 14 years? In 15 years? (Do not round intermediate calculations. Input all amounts as positive values. Round your answers to 2 decimal places.)
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