Show all of your work with formulas

Instructions: Show all of your work for maximum credit. There are 40 points possible. For questions with a financial calculator - show your entries, i.e., 1000 FV, 9 i/yr, etc) 1. The corporate bond of Mid-Creek Industrial currently sells at $1057.30. The bond has an annual coupon rate of 6.40% and a face value of $1,000. There are 15 years remaining to maturity. a) (3 points) What is the current yield of the bond? b) (4 points) What is the bond's yield-to-maturity? (You may show calculator entries here). c) (8 points) What is the capital gains yield of the bond? (Show this in two ways as in class)