• What is the total rate of return for an investor who buys a $3-$year bond with an annual coupon of $6\mathrm{.}5\%$ and annual market rate of$\mathrm{ 5}\mathrm{.}5\%,$ then sells the bond $6$ months later for $$1,037\mathrm{.}19?($Semi$-$annual payments$)$