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Bond P is a premium bond with a coupon of 7.7 percent , a YTM of...

Bond P is a premium bond with a coupon of 7.7 percent , a YTM of 6.63 percent, and 16 years to maturity. Bond D is a discount bond with a coupon of 7.7 percent, a YTM of 9.62 percent, and also 16 years to maturity. If interest rates remain unchanged, what is the difference in the prices of these bonds 3 year from now? (i.e., Price of Bond P - Price of Bond D) Note: Corporate bonds pay coupons twice a year.

(Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places.)

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