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Bond P is a premium bond with a coupon rate of 8 . 9 percent. Bond D is a discount bond with a coupon rate
Bond is a premium bond with a coupon rate of percent. Bond is a discount bond with a coupon rate of percent. Both bonds make annual payments, a YTM of percent, a par value of $ and have fourteen years to maturity.
a What is the current yield for Bond P For Bond D
Note: Do not round intermediate calculations and enter your answers as a percent rounded to decimal places, eg
b If interest rates remain unchanged, what is the expected capital gains yield over the next year for Bond P For Bond D
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to decimal places, eg
tableBond PBond Da Current yield,,
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