#2 (20 points) Spartans outstanding bonds have a $1,000 par value and they mature in 20 years. Their nominal yield to maturity is 9.00 percent, and they pay interest semiannually. The bonds sell at a price of $975.00. a. What is the bond's coupon rate? b. Next year the same bond with the coupon rate that you calculated in part a is selling for a nominal yield to maturity of 8.50 percent. What is the price of that bond next year?