Show step and formula used.

Milford Hospital issued 20-year, $1,000 par value bonds, with an annual coupon rate of 8.5%.
Investors are paid interest once annually. Book Values for each year are given.
Complete the boxes below showing the following data:
A) Annual coupon for both years;
B) YTM (Yield to Maturity) for each year;
C) CY (Current Yield) for each year;
D) Dollar gain year-over-year;
E) Percentage gain year-over-year;
F) The sum of Current Yield (CY) and Percentage Gain.
		Current Yr	1 Year Later
Years to Maturity:		20	19
Coupon Rate:		8.50%	8.50%
Par Value:		$ 1,000.00	$ 1,000.00
Annual Coupon $
Book Value:		$ 974.03	$ 974.55
Yield to Maturity YTM:
Current Yield CY:
Dollar Gain:
Percentage Gain:
CY + % Gain: