Draw the timeline for a 12-year 4% annual coupon bond with a face value of $1000.
Compute the current yield and the yield to maturity for the bond assuming the price is:
A. P=109 FV=? PMT=? PV=? N=? I=? ytm=? % cy=?%
B. P=97 FV=? PMT=? PV=? N=? I=? ytm=? % cy=?%