Bond X is a premium bond making annual payments. The bond has a coupon rate of 9 percent, a YTM of 7 percent, and has 13 years to maturity. Bond Y is a discount bond making annual payments. This bond has a coupon rate of 7 percent, a YTM of 9 percent, and also has 13 years to maturity. Assume the interest ratesarrow-10x10.png remain unchanged.
I NEED THE REQUIREMENT FOR BOND X
1 TODAY
2 ONE YEAR
3 THREE YEAR
4 EIGHT YEAR
5 12 YEAR
6 13 YEAR