Question: Table below reports information on zero coupon bonds X and Y. Bond Effective Annual Yield Time to Maturity Face Value X 7.05% 6 months $100.00

Table below reports information on zero coupon bonds X and Y.

Bond	Effective Annual Yield	Time to Maturity	Face Value
X	7.05%	6 months	$100.00
Y	8.50%	12 months	$100.00

Under the expectations hypothesis, in 6 months, price of Bond Y will be _________. Under the liquidity preference theory, its price will be _________. (rounded to 1 decimal place)

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