The following information relates to Questions $6$ to $8$

An investor purchases a nine$-$year, $7\%$ annual coupon payment bond at a price equal to par value. After the bond is purchased and before the first coupon is received, interest rates

increase to $8\%.$ The investor sells the bond after five years. Assume that interest rates remain unchanged at $8\%$ over the five$-$year holding period.

$6.$ Per $100$ of par value, the future value of the reinvested coupon payments at the end of the holding period is closest to

$7.$ The capital gain$/$loss per $100$ of par value resulting from the sale of the bond at the end of the five$-$year holding period is closest to a

$8.$ Assuming that all coupons are reinvested over the holding period, the investor's five$-$year horizon yield is closest to $.$