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A corporate bond is currently quoted at a price of $1197.93 and carries a 10 percent annual coupon rate. The bond's face value is $1000,

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A corporate bond is currently quoted at a price of $1197.93 and carries a 10 percent annual coupon rate. The bond's face value is $1000, and pays coupon semiannually. a) What is the current yield of the bond? (4 marks) b) Suppose the bond price in one year is $1193.68, assuming no change in yield-to- maturity, what is the capital gain yield? (4 marks) c) What is the yield-to-maturity for this bond? (2 marks)

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