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Bond P is a premium bond with a 1 2 percent coupon. Bond D is a 7 percent coupon bond currently selling at a discount.

Bond P is a premium bond with a 12 percent coupon. Bond D is a 7 percent coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 9 percent, and have five years to maturity.
What is the current yield for Bond P and Bond D?(Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g.,32.16))
\table[[Bond P,Current yield],[Bond,]]
If interest rates remain unchanged, what is the expected capital gains yield over the next year for Bond P and Bond D?(Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g.,32.16)))
\table[[,Capital gains yield],[Bond P,%
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