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The Garland Corporation has a bond outstanding with a $60 annual interest with semiannual payment, a market price of $820, and a maturity date in

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The Garland Corporation has a bond outstanding with a $60 annual interest with semiannual payment, a market price of $820, and a maturity date in 5 years. Assume the par value of the bonds is $1,000. Find the following: (Use a Financial calculator to arrive at the answers. Round the final answers to 2 decimal places.) 6.00 7.32 a. The coupon rate. b. The current yield. c. The yield to maturity. d. The yield an investor would realize if coupon payments were reinvested at 8 percent (holding period return)

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