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9 - 4 : Bond Yields 9 - 6 : Bonds with Semiannual Coupons Current yield, capital gains yield, and yield to maturity gains yield
: Bond Yields
: Bonds with Semiannual Coupons
Current yield, capital gains yield, and yield to maturity gains yield last year was
a What is the yield to maturity? Round your answer to two decimal places.
b For the coming year, what is the expected current yield? Hint: Refer to Footnote for the definition of the current yield and to Table Round your answer to two decimal places.
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