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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

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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 bonds: - Bond A has an 11% annual coupon, matures in 12 years, and has a $1,000 face value. - Bond B has a 9% annual coupon, matures in 12 years, and has a $1,000 face value. - Bond C has a 10% annual coupon, matures in 12 years, and has a $1,000 face value. Each bond has a yield to maturity of 10%. 1. What is the expected current yield for each bond in each year? Round your answers to two decimal places

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