A Treasury coupon bond has 5 years to maturity with a face value of $1,000 and a current market price of $1,024.24. The bond pays coupon annually and have a YTM of 4%. Jake just purchased the bond at the current market price. Question 7 (5 points) Saved What is the coupon rate? Question 7 options: 4.90% 4.72% 4.55% 4.28% Question 8 (5 points) Saved Suppose one year later, Jake pockets in the first coupon and immediately sell the bond. As a result, he earns 6% for that one year. How much does he sell the bond for? Question 8 options: $1,024.24 $1,030.26 $1,048.69 $1,040.25 Question 9 (5 points) Saved At the selling (market) price a year later found in the previous question, what is the YTM for the buyer who buys the bond from Jake? Question 9 options: 4.00% 3.68% 3.45% 3.47%