Problem 12-08 Bonds of Francesca Corporation with a par value of $1,000 sell for $950, mature in four years, and have a 6% annual coupon rate paid semiannually. Do not round intermediate calculations. Round your answers to two decimal places. Calculate: a. current yield. % annually b. yield to maturity, to the nearest basis point. 9 annually coupon bonds chorizon yield (or realized return) for an investor with a two-year holding period and a reinvestment rate of 5% over the period. At the end of two years, the with two years remaining will sell to yield 6%. % annually