Consider the following bond quotes for ABC and XYZ Corp. It is June 27, 2015. You must provide equations for each of the questions.

Issuer Name	Coupon	Maturity	Last	Change	Yield%
ABC Corp.	6.375	Jun 2026	95.351	-0.315	?????
XYZ Corp	0.000	Jun 2031	83.458	+0.234	?????

Note that yields for ABC and XYZ Corp bonds are all semiannually compounded.

a.(4 points) Supply the missing information (yield%) for each of the bonds.

b.(4 points) What are the current yield and expected capital gains yield for ABC Corp bond?

c.(2 points) What was the yesterdays price for ABC Corp bond?

(4 points) What is the implicit interest expense in dollars of year 2020 for XYZ Corp bond? Recall that the bonds yield is compounded semiannually.