Questions 8-11 are based on the following information. On Jan. 1, 2018, Laura purchased one $1,000 3-year semiannual bond with a coupon rate of 8%. The yield to maturity of the bond was 10% at the time. 8. How much did Laura pay for the bond? a. $974.21 b. $949.24 c. $1,000 d. $767.90 9. How much did the firm borrow from Laura on Jan. 1, 2018? a. $1,000 b. $974.21 c. $949.24 d. $767.90 respectively. 10. The coupon payment and interest in the first period are a. $40 and $47.46 b. $40 and $43.84 c. $40 and $41.33 d. $40 and $80 11. On July 1, 2018, Laura persuaded you to buy one bond. Suppose the bond yield was not changed. How much did you pay to get this bond? a. 956.71 b. 974.21 c. 949.24 d. 972.77