1. What is amount of the next coupon payment for an investor holding a $10,000 Treasury 8% 2020 if it is trading at $10,034?. Single choice.

A. $400.00

B. $307.00

C. $704.00

D. $800.00

2.

Reference the bond discussed in question 1. What is the current yield?. Single choice.

A. 8.27%

B. 8%

C. 7.97%

D. Lower than 8%, but need other facts to answer.

E. Higher than 8%, but need other facts to answer.

F. Not enough information to determine.

Please answer these