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

Each bond has a yield to maturity of 9%.

What is the expected current yield for each bond in each year? Round your answers to two decimal places.

Years Remaining
Until Maturity Bond A Bond B Bond C
12
11
10
9
8
7
6
5
4
3
2
1

What is the expected capital gains yield for each bond in each year? Round your answers to two decimal places.

Years Remaining
Until Maturity Bond A Bond B Bond C
12
11
10
9
8
7
6
5
4
3
2
1

What is the total return for each bond in each year? Round your answers to two decimal places.

Years Remaining
Until Maturity Bond A Bond B Bond C
12
11
10
9
8
7
6
5
4
3
2
1

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