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 $8\%$ annual coupon, matures in $12$ years, and has a $$1,000$ face value.

Bond C has a $6\%$ annual coupon, matures in $12$ years, and has a $$1,000$ face value.

Each bond has a yield to maturity of $8\%.$Calculate the price of each of the three bonds. Round your answers to the nearest cent.

Price $($Bond A$)$: $ fill in the blank $8$

$1,000\mathrm{.}00$

Price $($Bond B$)$: $ fill in the blank $9$

$942\mathrm{.}59$

Price $($Bond C$)$: $ fill in the blank $10$

$1,059\mathrm{.}46$

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$)$: fill in the blank $11$

$10\mathrm{.}00$

$\%$

Current yield $($Bond B$)$: fill in the blank $12$

$8\mathrm{.}48$

$\%$

Current yield $($Bond C$)$: fill in the blank $13$

$5\mathrm{.}67$

$\%$

If the yield to maturity for each bond remains at $8\%,$ what will be the price of each bond $1$ year from now? Round your answers to the nearest cent.

Price $($Bond A$)$: $ fill in the blank $14$

$1,000\mathrm{.}00$

Price $($Bond B$)$: $ fill in the blank $15$

$942\mathrm{.}59$

Price $($Bond C$)$: $ fill in the blank $16$

$1,059\mathrm{.}46$

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

Bond A Bond B Bond C

Expected capital gains yield fill in the blank $17$

$0$

$\%$ fill in the blank $18$

$0$

$\%$ fill in the blank $19$

$0$

$\%$

Expected total return fill in the blank $20$

$10\mathrm{.}00$

$\%$ fill in the blank $21$

$8\mathrm{.}48$

$\%$ fill in the blank $22$

$5\mathrm{.}67$

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

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

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