ic= c/Pc where Pc = current price of the perpetuity c=yearly coupon payment ic= yield to maturity of the perpetuity

John buys a bond at time t and sells it at time t + 1. He calculates his rate of return to be R = - 6%, and C = exist25. Suppose that the relationship between the bond price at time t and t + 1 is given by 0.90 * P_t = P_t + i- Find i_c, g, P_t and P_t + 1. John buys a bond at time t and sells it at time t + 1. He calculates his rate of return to be R = - 6%, and C = exist25. Suppose that the relationship between the bond price at time t and t + 1 is given by 0.90 * P_t = P_t + i- Find i_c, g, P_t and P_t + 1