Grossnickle Corporation issued 20-year noncallable, 7.5% annual coupon bonds at their par value of $1000 one year ago. Today, the market interest rate on these bonds is 5.5%

a. What is the current price of thee bonds, given tht they now have 19 years sto maturity?

b. What is the bond expected current yield?

c.What is the expected capital gain yield?

d. What is expected price one year from today if the market interest rate does not change?

e. What is the expected price four years from today if the market interest does not change?