Click here to read the eBook: Bond Yields Click here to read the eBook: Bonds with Semiannual Coupons CURRENT YIELD, CAPITAL GAINS YIELD, AND YIELD TO MATURITY Pelser Printing Inc. has bonds outstanding with 10 years left to maturity. The bonds have a 9 annual coupon rate and were issued 1 year ago at their par value of $1,000 However, due to changes in Interest rates, the band's market price has fallen to $950.70. The capital gains yield last year was -4,93% What is the yield to matury? Do not round Intermediate calculations. Round your answer to two decimal places b. For the coming year, what is the expected current yield? (Hint: Refer to footnote 7 for the definition of the current yield and to Table 7.1.) Do not round Intermediate calculations. Round your answer to two decimal places. For the coming year, what is the expected capital gain yield? (Hint: Hefer to footnote 7 for the definition of the current yield and to Table 7.1.) Do not round Do not round Intermediate calculations. Round your answer to two decimal places c. Will the actual realized yields be equal to the expected yields interest rates change? If not, how will they differ? 1. As long as promised coupon payments are made, the current yield will change as a result of changing interest rates. However, changing rates will not cause the price to change and as a result, the realized return to investors should equal the YTM 11. Anot change they will cause the end-of-year price to change and thus the realued capital gains yield to change. As a result, the realized return to investors will differ from 11. As long as promised coupon payments are made, the current yield will change as a result of changing interest rates. However, changing rates will cause the price to change and as a result, the realized return to investors will differ from the YTM IV. As long as promised coupon payments are made, the current yield will not change as a result of changing interest rates. However, changing rates will cause the price to change and as a result, the realized return to investors should equal the YTM V. As long as promised coupon payments are made, the current yield will change as a result of changing interest rates. However, changing rates will cause the price to change and as a result, the realized return to investors should equal the YTM lev