what is the correct answer to C?

Bonds of Francesca Corporation with a par value of $1,000 sell for $965, mature in five years, and have a 7% annual coupon rate paid semiannually. Do not round intermediate calculations. Round your answers to two decimal places. Calculate: b. current yield. % annually b. yield to maturity, to the nearest basis point. annually c. horizon yield (or realized return) for an investor with a two-year holding period and a reinvestment rate of 6\%. over the period. At the end of two years, the 7% coupon bonds with three years remaining will sell to yield 7%. (3) \% annually