eBook Problem 13-09 A bond has the following features: - Coupon rate of interest (paid annually): 5 percent Principal: $1,000 Term to maturity: 12 years a. What will the holder receive when the bond matures? -Select- b. If the current rate of interest on comparable debt is 9 percent, what should be the price of this bond? Assume that the bond pays interest annually. Use Appendix B and Appendix D to answer the question. Round your answer to the nearest dollar. $ Would you expect the firm to call this bond? Why? Select-, since the bond is selling for a -Select- c. If the bond has a sinking fund that requires the firm to set aside annually with a trustee sufficient funds to retire the entire issue at maturity, how much must the firm remit each year for twelve years if the funds earn 9 percent annually and there is $90 million outstanding? Use Appendix C to answer the question. Round your answer to the nearest dollar. $ 10 Grade it Now Save & Continue