A bond has the following features: * Coupon rate of interest: 8% * Principal: $1,000 * Term to maturity: 10 years a. What will the holder receive when the bond matures? b. If the current rate of interest on comparable debt is 12percent, what should be the price of this bond? Would you expect the firm to call this bond?Why? c. If the bond has a sinking fund that requires the firm to setaside annually with a trustee sufficient funds to retire the entire issue at maturity, how muchmust the firm remit each year for 10 years if the funds earn 9 percent annually and there is$10 million outstanding