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 a 10\% annual coupon, matures in 12 years, and has a $1,000 face value. - Bond B has an 11% annual coupon, matures in 12 years, and has a $1,000 face value. - Bond C has a 9% annual coupon, matures in 12 years, and has a $1,000 face value. Each bond has a yleld to maturity of 10%. a. Before calculating the prices of the bonds, indicate whether each bond is trading at a premlum, at a discount, or at par. Bond A is selling at Bond B is selling at because its coupon rate is Bond C is selling at because its coupon rate is b. Calculate the price of each of the three bonds. Round your answers to the nearest cent. Price (BondA):$ Price (Bond B): $ Price (Bond C): 5 c. Calculate the current yield for each of the three bonds. (Hint: The expected current yield is calculated as the annual interest divided by the price of the bond.) Round your answers to two decimal places. Current yield (Bond A): Current yield (Bond B): Current yield (Bond C ): d. If the yleld to maturity for each bond remains at 10%, what will be the price of each bond 1 year from now? Round your answers to the nearest cent. Price (Bond A): $ Price (Bond B): 5 Price ( Bond C):5 What is the expected capital gains yield for each bond? What is the expected total retum for each bond? Round your answers to two decimal places. e. Mr, Clark is considering another bond, Bond D. It has a 6% semiannual coupen and a $1,000 face value (1.e., it pays a $30 coupon ewery 6 months). Bond D is scheduled to mature in 9 years and has a price of $1,100. It is alse callable in 5 years at a call price of $1,030. 1. What is the bond's nominal yield to maturity? Round your answer to two decimal places. 2. What is the bond's nominal yield to call? Round your answer to two decimal places. 9. Calculate the price of each bond (A,B, and C) at the end of each year until maturity, assuming interest rates remain constant. Round your answers to the nearest cent