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Extra Credit - Work needs to be shown. Answer needs to be Circled! A. An annual coupon bond with 12 years to maturity is priced

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Extra Credit - Work needs to be shown. Answer needs to be Circled! A. An annual coupon bond with 12 years to maturity is priced at $5,210. The bond has a $5,000 face value and a yield to maturity of 7.1%. What is the coupon payment? 3 POINTS "Additional Bonus - Write the percentage to 2 decimals and put a square around the coupon rate for 1 points bonus. B. A 20 year bond has a 7% coupon rate. The yield to maturity is 7.1%. At maturity how much must the bond issuer pay the bond holder? 2 POINTS C. Dorette is earning $600 per month from her perpetuity. She was just told by her financial advisor that her perpetuity is worth $45,000. What rate of return is she earning for this perpetuity? Answer needs to be to the nearest cent. 5 POINTS

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