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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

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 13% annual coupon, matures in 12 years, and has a $1,000 face value.

Bond B has a 10% annual coupon, matures in 12 years, and has a $1,000 face value.

Bond C has a 7% annual coupon, matures in 12 years, and has a $1,000 face value.

Each bond has a yield to maturity of 10%.

image text in transcribedimage text in transcribedimage text in transcribed A. B. Time Paths of Bonds A, B, and C C. D. 3. What is the total return for each bond in each year? Round your answers to two decimal places

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