23. Based on the table above, the expected 3-year interest rate 1 year from now should be A. 7.99% B. 8.49% C. 10.57% D. 13.10% a 24. You buy an 8-year $1,000 par value bond today that has a 6% yield and a 6% coupon rate with annual payments. In 3 years promised yields have risen to 7% and you've decided to sell this bond. Your annual rate of return on this investment is A. 1.41% B. 3.16% C. 4.70% D. 5.19% E. 7.36% 25. An investor pays $989.40 for a bond. The bond has coupon rate of 4.8% with semi-annual payments and 7 years to maturity. What is the Yield to Maturity for this bond? A. 2.49% B. 4.80% C. 4.98% D. 5.12%