Suppose an investor can purchase a 5-year, 7% coupon bond that pays interest semiannually and the price of this bond is $104.27. The yield to maturity for this bond is 6% on bond-equivalent basis. Assume the investor can reinvest the coupon payments at 4% compounded semiannually.

a. What are the total future dollars generated on this bond if it is held to maturity? answer: 138.56 b. What is the total return on this bond if it held to maturity? answer: 5.73%

(Please solve manually/without using excel)