Consider a bond with annual coupon payments. You purchased the bond when it was originally issued. Immediately afterwards, the YTM changed and remained at this new level indefinitely. Today, at the end of year 5 (immediately after the 5th coupon payment), your bond investment has the following characteristics: Total Interest (Coupons) = $7,671.45 Interest-on-Interest (I2) = $1,410.73 Total Income = $11,183.86 Realized Return (annual) = 11.524953% State rates as a percentage with 6 digits after the decimal point. Please, calculate the following:

a. YTM at the end of Year 5 (ANSWER 8.450000%)

b. Realized yield (annual) at the end of Year 8 (ANSWER 11.003364%)

c. Realized return (annual) at maturity (ANSWER 9.111174%)