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Carrie's Clothes, Inc. has a five-year bond outstanding that pays $60 annually. The face value of each bond is $1,000, and the bond selis for

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Carrie's Clothes, Inc. has a five-year bond outstanding that pays $60 annually. The face value of each bond is $1,000, and the bond selis for $860. a. What is the bond's coupon rate? Round your answer to two decimal places. b. What is the current yleld? Round your answer to two decimal places. c. What is the yield to maturity? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest whole number. %

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