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5: Long-term Horizons Bond A with maturity 25 years and F = 5, 000$ pays an annual coupon X. It has yield to maturity 12%

5: Long-term Horizons Bond A with maturity 25 years and F = 5, 000$ pays an annual coupon X. It has yield to maturity 12% and currently sells for 5,235$. Bond B with F = 3, 000$ and an annual coupon of 350$ has also maturity 25 years. 1. Is the annual coupon of bond A above, below or exactly $600? 2. Price coupon bond B. 3. What should the annual coupon of B be, in order for it to sell at par

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