Bond Jekyll is a premium bond making semiannual payments. The bond pays a 10 percent coupon has a YTM of 8 percent and has 14 years to
maturity. Bond Hyde is a discount bond making semiannual payments. This bond pays a 8 percent coupon has a YTM of 10 percent and also has 14
years to maturity.
What is the price of each bond today? (Round your answers to 2 decimal places. (e.g. 32.16))
If interest rates remain unchanged what do you expect the price of these bonds to be one year from now? In four years? In nine years? In 13
years? In 14 years? (Round your answers to 2 decimal places. (e.g. 32.16))
Please help me and show work if possible.