Consider a corporate bond with par value of $1,000 that makes annual coupon payments at a coupon rate of 10%. The bond has 12 years until maturity and is priced to yield 8% to maturity. a. Find the holding-period return for a 1-year investment period if the bond is selling at a yield to maturity of 7.5% by the end of the first year. (5 marks)

Initial price P0 = $1,150.72 [n = 12; PMT = 100; FV = 1000; i = 8%] Next year's price P1 = $1,182.89 [n = 11; PMT = 100; FV = 1000; i = 7.5%]

i do not know how can calculate p0 and pmt ? please help .