"Preston Corporation has a bond outstanding with a $90 annual interest with a semiannual coupon payment, a market price of $1,086, and a maturity date in 10 years. Assume the par value of the bonds is $1,000. Find the following using Excel functions where needed, show all calculations. (7 marks)"

a. The coupon rate or bond rate or nominal yield (2 marks)

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b. The current yield.

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c. The yield to maturity.

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