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 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%.

1. 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		fill in the blank 72 %	fill in the blank 73 %	fill in the blank 74 %
11		fill in the blank 75 %	fill in the blank 76 %	fill in the blank 77 %
10		fill in the blank 78 %	fill in the blank 79 %	fill in the blank 80 %
9		fill in the blank 81 %	fill in the blank 82 %	fill in the blank 83 %
8		fill in the blank 84 %	fill in the blank 85 %	fill in the blank 86 %
7		fill in the blank 87 %	fill in the blank 88 %	fill in the blank 89 %
6		fill in the blank 90 %	fill in the blank 91 %	fill in the blank 92 %
5		fill in the blank 93 %	fill in the blank 94 %	fill in the blank 95 %
4		fill in the blank 96 %	fill in the blank 97 %	fill in the blank 98 %
3		fill in the blank 99 %	fill in the blank 100 %	fill in the blank 101 %
2		fill in the blank 102 %	fill in the blank 103 %	fill in the blank 104 %
1		fill in the blank 105 %	fill in the blank 106 %	fill in the blank 107 %

2. 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		fill in the blank 108 %	fill in the blank 109 %	fill in the blank 110 %
11		fill in the blank 111 %	fill in the blank 112 %	fill in the blank 113 %
10		fill in the blank 114 %	fill in the blank 115 %	fill in the blank 116 %
9		fill in the blank 117 %	fill in the blank 118 %	fill in the blank 119 %
8		fill in the blank 120 %	fill in the blank 121 %	fill in the blank 122 %
7		fill in the blank 123 %	fill in the blank 124 %	fill in the blank 125 %
6		fill in the blank 126 %	fill in the blank 127 %	fill in the blank 128 %
5		fill in the blank 129 %	fill in the blank 130 %	fill in the blank 131 %
4		fill in the blank 132 %	fill in the blank 133 %	fill in the blank 134 %
3		fill in the blank 135 %	fill in the blank 136 %	fill in the blank 137 %
2		fill in the blank 138 %	fill in the blank 139 %	fill in the blank 140 %
1		fill in the blank 141 %	fill in the blank 142 %	fill in the blank 143 %

3. 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		fill in the blank 144 %	fill in the blank 145 %	fill in the blank 146 %
11		fill in the blank 147 %	fill in the blank 148 %	fill in the blank 149 %
10		fill in the blank 150 %	fill in the blank 151 %	fill in the blank 152 %
9		fill in the blank 153 %	fill in the blank 154 %	fill in the blank 155 %
8		fill in the blank 156 %	fill in the blank 157 %	fill in the blank 158 %
7		fill in the blank 159 %	fill in the blank 160 %	fill in the blank 161 %
6		fill in the blank 162 %	fill in the blank 163 %	fill in the blank 164 %
5		fill in the blank 165 %	fill in the blank 166 %	fill in the blank 167 %
4		fill in the blank 168 %	fill in the blank 169 %	fill in the blank 170 %
3		fill in the blank 171 %	fill in the blank 172 %	fill in the blank 173 %
2		fill in the blank 174 %	fill in the blank 175 %	fill in the blank 176 %
1		fill in the blank 177 %	fill in the blank 178 %	fill in the blank 179 %