Bond A has an 11% 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 a 15% annual coupon, matures in 12 years, and has a $1,000 face value.

Each bond has a yield to maturity of 11%.

Part A Calculate the price of each of the three bonds. Round your answers to the nearest cent.

Price (Bond A):

Price (Bond B):

Price (Bond C):

Part B Calculate the current yield for each of the three bonds. Round your answers to two decimal places.

Current yield (Bond A):

Current yield (Bond B):

Current yield (Bond C):

Part C If the yield to maturity for each bond remains at 11%, what will be the price of each bond 1 year from now? Round your answers to the nearest cent.

Price (Bond A):

Price (Bond B):

Price (Bond C):

Part D What is the expected capital gains yield for each bond? Round your answers to two decimal places.

Bond A

Bond B

Bond C

Part E What is the expected total return for each bond? Round your answers to two decimal places.

Bond A

Bond B

Bond C