Pelzer Printing the. has bonds outstanding with 9 years len to maturity. The bonds have a 9% annual coupon rate and were issued 1 year ago at their par value of $1,000. However, 6ue a. What is the yeid to maturtyp po not cound intermedioce calculations. Round your answer to two decimal places: Wh b. For the coming vear, what are the eqpected current and capital gains vields? (Hint: Refer to Footnote 6 for the definition of the current vield and to Table 7.1.) Do not found Expected current vield: Expected capital goins yield: c. Wil the sctual realized yeids be equal to the expected yields if interest rates change? If not, hbir will they differ? 1. As long as promised coupon payments are made, the current yeld wit not change as a result at changing interest rates. However, changirs rates will cause the price As long as promised coupon payments are made, the current yeld wir not change as to chanpe and as a ratic, the realized retum to investort should equal the VTM It. As bong as promised coupon payments are made, the current vield will change as a result of changing interest rates. However, changing rates will cause the price to: III. As bong ms promised coupon payments are made, the current veld will change as a result of changing interest rates. However, changing rates will not cause the price As bong mo promised coupon payments are made, the current vield wilt change as a to change and as a resilt, the realized return to investors should equal the ViM. N. A rater change they will chuce the end-of-year srice to change and thus the realzed capital gains vield to change. As a result, the realized return to investors will As ratert chinge they differ fram the rm. V. As long as promised coupon perments are made, the current veld will change as a resut of chunging interest rates. Mowever, changing rates will cause the peice to