Problem 8-29 Components of Bond Returns Bond P is a premium bond with a coupon rate of 10 percent. Bond D has a coupon rate of 5 percent and is selling at a discount. Both bonds make annual payments, have a par value of $1,000, a YTM of 7 percent, and seven years to maturity. cent, and seve a. What is the current yield for Bond P and Bond D? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. If interest rates remain unchanged, what is the expected capital gains yield over the next year for Bond P and Bond D? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) a. Bond P a. Bond D 8.26 X% 5.82 x % b. Bond P -1.26 x % b. Bond D -1.18 X%