3) The U.S. Treasury issued a 7-year maturity, $1000 par value bond exactly 3 years ago. The bond pays a nominal coupon rate of 12%. The coupon payments are paid semi-annually. The most recent coupon payment (the sixth coupon payment) was made yesterday. Your required rate of return from the bond is 10% per year. a) What is the price of the bond today? b) If the bond can be called in 5 years from the date of issue at a call price of $1120, and you bought the bond today at the price computed in part (a), what would be your yield- to-call (YTC) from the bond? nar