Bond P is a premium bond with a 12 percent coupon. Bond D is a 6 percent coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 9 percent, and have five years to maturity. The current yield for Bonds P and D is _____percent and _____percent, respectively. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))
If interest rates remain unchanged, the expected capital gains yield over the next year for Bonds P and D is _____percent and ____percent, respectively. (Do not include the percent signs (%). Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16))