Preston Corporation has a bond outstanding with a $90 annual interest with a semiannual coupon payment, a market price of $1,070, and a maturity date in 4 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	%
b. The current yield	%
c. The yield to maturity	%
d. The yield an investor would realize if coupon payments were reinvested at 11 percent	%