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You hold two bonds. You own a $ 1 , 0 0 0 face value bond from Company B that has 4 . 6 %

You hold two bonds. You own a $1,000 face value bond from Company B that has 4.6% coupons paid once per year, and eleven years to maturity. The other is a $1,000 face value bond from A Corporation that has 8.6% coupons paid once per year, and eleven years to maturity.
The market (YTM) for both bonds is 6.6%.
a. What is the current yield for Bond A? For Bond B?
(Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,12.34.)
b. If the YTM remains unchanged, what is the expected capital gains yield over the next year for Bond A? For Bond B?
(Hint: you will need to solve the price of each bond next year to find the capital gains yield.
(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.)
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