Suppose that an investor with a 3-year investment horizon is considering buying an 8-year 6% coupon bond selling at par (semi-annual coupon payments). The investor expects that she can reinvest the coupin payments at an annual interest rate of 7% and that at the end of the investment horizon all bonds will be selling to offer a YTM of 9%.

How much is the coupons & interest earned on reinvesting these coupon by the end of 3-yr?

Round your answer to 2 decimal places.

Using information provided in question 6. What is the sale price of the bond by the end of 3 year?

Round your answer to 2 decimal places.

Using information provided in question 6. What is the (annualized) expected holding period return for this bond?

Write your answer in percentage and round your answer to 2 decimal places. Eg: you find 0.01569, you write 1.57.