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How much would you pay for a perpetual bond that pays an annual coupon of $50 per year and yields on competing instruments are 10%?

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How much would you pay for a perpetual bond that pays an annual coupon of $50 per year and yields on competing instruments are 10%? You would pay $(Round your response to the nearest penny.) If competing yields are expected to change to 15%, what is the current yield on this same bond assuming that you paid $500? The current yield is %. (Round your response to the nearest integer) If you sell this bond in exactly one year, having paid $500, and received exactly one coupon payment, what is your total return if competing yields aro 15%? Your total return is %. (Round your response to two decimal places.)

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