(Answered) Question - bond y is a discount bond making semiannual

Accounting

Question - Bond Y is a discount bond making semiannual payments. This bond pays a coupon rate of 6 percent and has a YTM of 8 percent, and also has 12 years to maturity. The bond has a $1,000 par value.

What is the price of each bond today?

If interest rates remain unchanged what do you expect the price of Bond Y to be for the following years:

In 1 year =

In 2 years=

In 7 years=

In 11 years =

In 12 years=

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