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RBS Bank has just announced its latest bond release: The RBS QUICK-BUCK BOND, maturing in 3 years, YTM of 6%, selling price $1,053.46 a. What

RBS Bank has just announced its latest bond release: The RBS QUICK-BUCK BOND, maturing in 3 years, YTM of 6%, selling price $1,053.46 a. What is the coupon rate of the bond? b. What is the current yield of the bond? c. What happens to the coupon rate of the bond when interest rates range to 8%? d. What is your return if you intend to sell the bond after one year for $1,200?

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