Bond P is a premium bond with a coupon of 5 percent , a YTM of 6.64 percent, and 16 years to maturity. Bond D is a discount bond with a coupon of 5 percent, a YTM of 9.56 percent, and also 16 years to maturity. If interest rates remain unchanged, what is the difference in the prices of these bonds 5 year from now? (Bond P - Bond D).
Note: Corporate bonds pay coupons twice a year.
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