Radoski Inc. has bonds outstanding with 12 years left to maturity. The bonds have a 7.35% annual coupon rate and were issued 1 year ago at their par value of $1,000. However, due to changes in interest rates, the bond market price has fallen to $920. For the coming year, what is the expected capital gains yield? 0.45% 3.01% 7.99% 0.74% 0.52% Which of the following bonds has the most reinvestment risk? 1 -year bonds with an 18% coupon 5 -year bonds with a 3% coupon 20-year zero coupon bonds 10 -year bonds with a 3% coupon Question 17 0/5 poir Moerdyk Corporation's bonds have a 15 -year maturity, a 7.25% semiannual coupon, a par value of $1,000, and a current yield of 5.8682%. What is the bond's YTM? 5.61% 9.97% 2.50% 5.00% 3.63%