Ten years ago, Anchor Inc. issued a par value bond to raise $$7$ billion from the capital market. The bond was successfully issued with a $35-$year term. The bond carries a coupon rate of $10\%.$ The coupon payments are made semi$-$annually. Five years ago, you heard about the company's bond. Then, the market price for the bond was $$860\mathrm{.}00.$ Today, the price of the bond is $$1,240\mathrm{.}00.$

A$.$ What was the bond's yield to maturity when it was issued five years ago and currently?

B$.$ Based on your response to part $($A$),$ discuss what may have occurred in the economy and within the company.

C$.$ Assuming you own four thousand bond certificates and plan on holding them until maturity, how much would you have received compared to how much you spent when you bought them?