A US treasury bond is quoted at $97$:$22.$ For $$100,000$ par the dollar price isa. Price a Spanish government bond with a $6\mathrm{.}00\%$ coupon rate and $25$ years to maturity. The

yield to maturity on similar bonds is $7\mathrm{.}0\%.$

b$.$ Compute the bond current yield.

c$.$ Compute the bond price one year later and the capital gains rate.

d$.$ Show the relationship between the current yield, the capital gains rate, and the yield to

maturity.