Q1. Explain in words the four bonds summarized in the tables below. Discuss each bonds periods of maturity, coupon rate, current yield, capital gains yield, and total yield. (No calculations required)

Q2. Compare the yields of the $100M bond and the $64M bond. Identify which one is the premium bond and which is the discount bond. Compare their current yield and the capital gains yield. (No calculations required)

Q3. If interest rates are going to fall in the future, which bond should an investor buy to maximize short-term capital gains? (No calculations required)