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Bond A has a 6% annual coupon, matures in 12 years, and has a $1,000 face value. Bond B has a 7% annual coupon, matures

Bond A has a 6% annual coupon, matures in 12 years, and has a $1,000 face value.

Bond B has a 7% annual coupon, matures in 12 years, and has a $1,000 face value.

Bond C has an 8% annual coupon, matures in 12 years, and has a $1,000 face value.

Each bond has a yield to maturity of 7%.

a. What is the expected current yield for each bond in each year? Round your answers to two decimal places.

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b. What is the expected capital gains yield for each bond in each year? Round your answers to two decimal places.

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c. What is the total return for each bond in each year? Round your answers to two decimal places.

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Years Remaining Years Remaining Years Remaining

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