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ond P is a premium bond with a coupon rate of 9.6 percent. Bond D is a discount bond with a coupon rate of 5.6

ond P is a premium bond with a coupon rate of 9.6 percent. Bond D is a discount bond with a coupon rate of 5.6 percent. Both bonds make annual payments, have a YTM of 7.6 percent, and have eleven years to maturity.

Requirement 1:What is the current yield for bond P?(Do not round intermediate calculations.Round your answer to 2 decimal places (e.g., 32.16).)

Current yield%

Requirement 2:What is the current yield for bond D?(Do not round intermediate calculations.Round your answer to 2 decimal places (e.g., 32.16).)

Current yield%

Requirement 3:If interest rates remain unchanged, what is the expected capital gains yield over the next year for bond P?(Do not round intermediate calculations.Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places (e.g., 32.16).)

Capital gains yield%

Requirement 4:If interest rates remain unchanged, what is the expected capital gains yield over the next year for bond D?(Do not round intermediate calculations.Round your answer to 2 decimal places (e.g., 32.16).)

Capital gains yield%

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