A bond has an annual coupon of 8% with semiannual frequency. The maturity leftover is 9 years and the bond is callable in 3 years with a 20% call premium. The face value is $1000. The current market price of the bond is $1,071.

Now assume, investor held bought the bond today at the current market price and held the bond for 4 years. Each coupon he reinvested at 6%. Then he sold the bond exactly after 4 years from today when the YTM was 9%. a) Calculate the selling price after 4 years. b) Calculate the future value of reinvested coupons (FVRC) after 4 years from today. c) Calculate his holding period return (HPR). Then using that calculate his annualized realized HPR.