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A 5 percent $1,000 bond matures in 7 years, pays interest annually, and has a yield to maturity of 6 percent. A. What is the

A 5 percent $1,000 bond matures in 7 years, pays interest annually, and has a yield to maturity of 6 percent. A. What is the annual coupon of the bond? B. What is the current market price of the bond? C. If the bond is selling at 900, will you buy the bond? Please state clearly the reasons for your choice. D. If the bond would be selling for $900, will the bond be yielding more than, less than or equal to the current yield of 6%? Why?

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