5. A $1,100-face-value bond has a 5% coupon rate, its current price is $1,040, and it is expected to increase to $1070 next year. Calculate the current yield, the expected rate of capital gains, and the expected rate of return.

Ski powder resort ends its fiscal year on april 30. the business adjusts its accounts monthly, but closes them only at year-end (april 30). the resort's busy season is from december 1 through march 31. adrian pride, the resort's chief financial officer, the museums a close watch on lift ticket revenue and cash. the balances of these accounts at the end of each of the last five months are as follows: