1. A coupon bond pays interest semi-annually, matures in 5 years, has a par value of $1,000 and a coupon rate of 11%, and an effective annual yield to maturity of 10.25%. The price the bond should sell for today is 2. You purchased an annual interest coupon bond one year ago with 6 years remaining to maturity at the time of purchase. The coupon interest rate is 8% and par value is $1,000. At the time you purchased the bond, the yield to maturity was 8%. If you sold the bond after receiving the first interest payment and the bond's yield to maturity had changed to 7%, your annual total rate of return on holding the bond for that year would have been A. 7.00% B. 8.00% C. 9.95% D. 11.95% E. none of the above