Preston Corporation has a bond outstanding with a $$100$ annual interest with a semiannual coupon payment, a market price of $$1,088,$

and a maturity date in $6$ years. Assume the par value of the bonds is $$1,000.$

Find the following: $($Use a Financial calculator to arrive at the answers. Round the final answers to $2$ decimal places.$)$

a$.$ The coupon rate $($nominal yield$).$

b$.$ The current yield.

c$.$ The yield to maturity.

d$.$ The yield an investor would realize if coupon payments were

reinvested at $12$ percent.