For the next two questions, suppose the following holds: You just purchased a 20-year bond that pays $50 in interest each six months. You plan to hold t bond for only 10 years, at which time you will sell it in the marketplace. The required rate of re for this bond is believed to be 12%. 8. What is the annual coupon interest rate for the bond? a, 5.00% b, 7.50% c, 8.50% d, 9.00% e, 10.0096 9. What will be the price of the bond 10 years from today? a. $775.55 b. $885.30 c. $945.23 d. $1,000 e. $1,123.45 10. Keeping other things constant, if market interest rates rise, the current yield (CY) for a bo a. decrease b. increase. c. not change. d. All of the above are possible e. None of the above can happen. rone utstanding callable bonds? Market interest rates decline sharply. The company's bonds are downgraded. Market interest rates rise sharply Inflation increases significantly. The company's financial situation deteriorates significantly