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You have just purchased a 3-year coupon bond paying a coupon rate of 8% per year quarterly with a face value of $100. Suppose the

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You have just purchased a 3-year coupon bond paying a coupon rate of 8% per year quarterly with a face value of $100. Suppose the yield curve is flat at 5%. a. 2pts) Find the bond's price today and three months from now after the next coupon is paid. Assume the yield to maturity on the bond is 6% after three months. b. 2pts What would your rate of return if you sell the bond right after receiving the first coupon? c. Apts What would your rate of return if you sell the bond 30 days after receiving the first coupon? The reinvestment rate is 4% for these 30 days (not annualized). Assume that bond's bid and ask prices on the market at this time are poid = $102.89 and pask = $103.4. The coupon periods has 91 days

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