Bond P is a premium bond with a coupon of 8 percent. Bond D has a coupon rate of 3 percent and is currently selling at a discount. Both bonds make annual payments, have a YTM of 5 percent, and have eight years to maturity.

What is the current yield for Bond P and Bond D? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).)

	Current yield
Bond P	%
Bond D	%

If interest rates remain unchanged, what is the expected capital gains yield over the next year for Bond P and Bond D? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).)

	Capital gains yield
Bond P	%
Bond D	%