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The correct answers are written in bold, but please provide the steps. A 4.64%...

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Accounting

The correct answers are written in bold, but please provide the steps.

A 4.64% annual coupon, 24-year bond has a yield to maturity of 8.98%. Assuming the par value is $1,000 and the YTM is expected not to change over the next year, what is the expected Capital Gains Yield for this bond? Please share your answer as a %.

=0.95

A 5.59% annual coupon, 7-year bond has a yield to maturity of 4.05%. Assuming the par value is $1,000 and the YTM is expected not to change over the next year, what is the expected Current Yield for this bond? Please share your answer as a %.

=5.12

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