Consider the following yields for corporate coupon bonds of various credit ratings that have their maturities dated between 7 and 10 years from today. Assume that these rates have remained constant over the last year. For the purposes of this question, assume coupon payments are made annually and that the interest rates are compounded on an annual basis also (i.e. all rates provided are EARs). AAA AA A BBB BB Rating YTM 2.0% 2.9% 3.57% 4.08% 4.87% Exactly one year ago, an investor bought a freshly issued 8.0%, 8-year $1000-face value coupon bond from Sheets & Giggles Ltd., an online only retailer of bedding seeking to raise financing for their online marketing campaigns. At that time, Sheets & Giggles's debt carried a '888* rating. A) What did the investor pay for this Sheets & Giggles bond? The investor paid $ for the newly-issued bond one year ago. (Round your answer to the nearest cent) Today, Sheets & Giggles had its credit rating unexpectedly upgraded to an A. B) What is the Sheets & Giggles bond worth now? The bond is worth $ today (assume that you are pricing the bond immediately after the its annual coupon has been paid) (Round your answer to the nearest cent) C) What is the percentage return does the investor achieve if they now sell their bond today? The investor earns a return of % if they sell the bond after the rating change (assume that this sale happens immediately after the bond's annual coupon has been paid) (Round your answer to two decimal places)