The outstanding bonds of International Plastics mature in 5 years and pay semiannual interest payments of $40 on a $1,000 face value bond. The bonds are currently selling for $1,050. The coupon rate is _____ percent, the current yield is _____ percent, and the yield to maturity is _____ percent.

Select one:

a. 7.62; 8.00; 6.80

b. 8.00; 7.62; 6.80

c. 8.00; 7.62; 3.40

d. 4.00; 3.81; 3.40

e. 7.62; 8.00; 3.40