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:

Clifford Clark is a recent retiree who is interested in investing some of his savings in corporate bonds. His financial planner has suggested the foliowh bonds: Bond A has an 11% annual coupon, matures in 12 years, and has a $1,000 face value. Bond B has a 12% 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 11%. The data has been collected in the Microsof Excel file below. Download the spreadsheet and perform the required analysis to answer the questions belor Do not round intermediate calculations. Use a minus sign to enter negative values, If any. If an answer is zero, enter " 0 ". 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 yiek (Bond C): d. If the yield to maturity for each bond remains at 11%, what will be the price of each bond 1 year from now? Round your answers to the nearest cent. What is the expected capital gains yield for each bond? What is the expected total retum for each bond? Round your answers to two decimai places. e. Mr. Clark is considering another bond, Bond D. It has a 7% semiannual coupon and a $1,000 face value (l.e, it pays a $35 coupon every 6 months) Band D is scheduled to mature in B years and has a price of $1,140. It is also callable in 6 years at a call price of $1,080. 1. What is the bond's nominal yield to maturity? Round your answer to two dedimal piaces. d. If the yield to maturity for each bond remains at 11%, 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 ) $ Price (Bond C):s What is the expected capital gains yield for each bond? What is the expit ted total retum for each bond? Round your answers to two decimal places. C. Mr. Clark is considering another bond, Bond D. It has a 7% semiannuai coupon and a $1,000 face value (..e, ir pays a \$35 coupon every 6 months). Bond D is scheduled to mature in 8 years and has a price of $1,140. It is also callable in 6 years at a call price of $1,080. 1. What is the bond's nominal yield to maturity? Round your answer to two decimal places. 2. What is the bond's nominal vield to caliz 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. Create a graph showing the time path of each bond's value. Choose the correct graph. The correct graph is 1. What is the expected current yield for each bond in each year? Round your answers to two decimal places. 2. What is the expected capital gains yield for each bond in each year? Round your answers to two decimal places. Yomere 1 antsinima 3. What is the total return for each bond in each year? Round your answers to two decimal places. Clifford Clark is a recent retiree who is interested in investing some of his savings in corporate bonds. His financial planner has suggested the foliowh bonds: Bond A has an 11% annual coupon, matures in 12 years, and has a $1,000 face value. Bond B has a 12% 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 11%. The data has been collected in the Microsof Excel file below. Download the spreadsheet and perform the required analysis to answer the questions belor Do not round intermediate calculations. Use a minus sign to enter negative values, If any. If an answer is zero, enter " 0 ". 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 yiek (Bond C): d. If the yield to maturity for each bond remains at 11%, what will be the price of each bond 1 year from now? Round your answers to the nearest cent. What is the expected capital gains yield for each bond? What is the expected total retum for each bond? Round your answers to two decimai places. e. Mr. Clark is considering another bond, Bond D. It has a 7% semiannual coupon and a $1,000 face value (l.e, it pays a $35 coupon every 6 months) Band D is scheduled to mature in B years and has a price of $1,140. It is also callable in 6 years at a call price of $1,080. 1. What is the bond's nominal yield to maturity? Round your answer to two dedimal piaces. d. If the yield to maturity for each bond remains at 11%, 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 ) $ Price (Bond C):s What is the expected capital gains yield for each bond? What is the expit ted total retum for each bond? Round your answers to two decimal places. C. Mr. Clark is considering another bond, Bond D. It has a 7% semiannuai coupon and a $1,000 face value (..e, ir pays a \$35 coupon every 6 months). Bond D is scheduled to mature in 8 years and has a price of $1,140. It is also callable in 6 years at a call price of $1,080. 1. What is the bond's nominal yield to maturity? Round your answer to two decimal places. 2. What is the bond's nominal vield to caliz 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. Create a graph showing the time path of each bond's value. Choose the correct graph. The correct graph is 1. What is the expected current yield for each bond in each year? Round your answers to two decimal places. 2. What is the expected capital gains yield for each bond in each year? Round your answers to two decimal places. Yomere 1 antsinima 3. What is the total return for each bond in each year? Round your answers to two decimal places