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Bond P is a premium bond with a coupon rate of 9 percent. Bond D is a discount bond with a coupon rate of 5

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Bond P is a premium bond with a coupon rate of 9 percent. Bond D is a discount bond with a coupon rate of 5 percent. Both bonds make annual payments, a YTM of 7 percent, a par value of $1.000, and have five years to maturity a. What is the current yield for Bond P? For Bond D? Note: Do not round intermediate colculations and enter your answers as a percent rounded to 2 decimal ploces, e.g., 32.16. 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 negotive answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g. 32.16

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