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You own a bond that has an 8 percent coupon and matures 8 years from now. You purchased this bond at par value when it

You own a bond that has an 8 percent coupon and matures 8 years from now. You purchased this bond at par value when it was originally issued. If the current market rate for this type and quality of bond is 8.25 percent, then you would expect:

a. the yield to maturity on your bond to be 8.12 percent today

b. the current yield to maturity to be 8 percent

c to realize a capital loss if you sold the bond at the market price today

d next semi-annual interest payment to be $41.25

e the current yield today to be less than 8 percent

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