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A coupon bond has a face value of $40,000 and a coupon rate of 6%. The current price of the bond is $41,666. The expected

A coupon bond has a face value of $40,000 and a coupon rate of 6%. The current price of the bond is $41,666. The expected price at the end of the year is $40,293.a.What is the value of the coupon payment? (When entering number answers, round to 2 decimal places and do not use commas or $ or %). _________________b.Calculate the Current Yield on this bond using todays price. (When entering number answers, round to 2 decimal places and do not use commas or $ or %. ). _________________c.At todays price, is the yield to maturity on this bond greater than or less than the coupon rate? _________________d.Calculate the expected rate of return on this bond for the year. (Round to 4 decimal places and do not use %.). _______________

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