b. What is the current yield? (Hint: Mefer to Footnote 7 for the definition of the current yleld and to Table 7.1 .) Round your answer to two decimal places. is this yield affected by whether the bond is beiv to be called? 1. If the bond is called, the current vieid and the capital gains yield will remain the same but the coupon rate wil be different. If. If the bond is calied, the current yield will remain the same but the capital gains vieid will be different. ItI. If the bend is called, the current yiesd and the capital gains yieid will romain the same. IV, If the bond is called, the capital gains yield will remaid the same but the current vield will be different. V. If the bond is called, the current vield and the capital gains yield will both be different. c. What is the expected capital gains (or loss) yield for the coming year? Use amounts calculated in above requirements for calcuation, if reqired, Round your answer to two decimal places, Enter a loss percentage, if any, with a minus sign. Is this yield dependent on whether the bond is expected to be called? 1. If the bond is expected to be called, the appropriate expected total return will not change If. The expected capital gains (or loss) yeld for the coming year depends on whether or not the bond is expected to be called. III. The expected capital gains (or loss) yield for the coming year does not depend on whether or nor the bond is expected to be calied. IV. It the bond is expected to be called, the appropriate expected total return is the YTM. V. If the bond is not expected to be calied, the apprapriate expected total return is the YTC