how to find the dividend of 120 in Q15.

14) Consider a bond paying quarterly a coupon rate of 16% per annum when the market interest rate is only 10% per annum. The bond has 5 years until maturity. Find the bond's price today and 9 months from now after the next 3 coupons are paid. $956,$1027 B) $1051,$1192 C) $1234,$1206 D) none of them 15) What is the total rate of return on the bond above? A) 2% B) 7% C) 5% D) 8% E) none of them Answer: B (120+12061234)/1234; notice the dividend is 120