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-Bond Valuation Excel Activity: Bond Valuation Clifford Clark is a recent retiree who is interested in investing some of his savings in corporate bonds. His

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-Bond Valuation Excel Activity: Bond Valuation Clifford Clark is a recent retiree who is interested in investing some of his savings in corporate bonds. His financial planner has suggested the following be Bond A has a 15% 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 an 11% annual coupon, matures in 12 years, and has a $1,000 face value. Each bond has a yield to maturity of 11% The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. to enter negative values, if any. If an answer is zero, enter "o". Download spreadsheet Bond Valuation-7/636.xlsx a. Before calculating the prices of the bonds, indicate whether each bond is trading at a premium, at a discount, or at par Bond A is selling at a premium because its coupon rate is greater than B the going interest rate 1. What is the expected current yield for each bond in each year? Round your answers to two decimal places. Bond A Bond B Bond C Years Remaining Until Maturity 12 11 % % % % % % 10 % % % % % % 9 % 8 % 7 % % 6 % % 5 4 %% % % 3 2 % 1 2. What is the expected capital gains yield for each bond in each year? Round your answers to two decimal places Years Remaining Until Maturity Bond A Bond B Bond C

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