You purchase a bond with a $$100,000$ face value.

a$.$ The bond has a semi$-$annual coupon of $$3,880$ and a maturity of $8$ years. Calculate the annual coupon rate.

b$.$ Assume the yield to maturity is $5\mathrm{.}800\%.$ Calculate the present value of the face amount $($as if it was a STRIPS$).$

c$.$ Calculate the price of the bond. You can use the formula or Excel. If you use Excel attach your spreadsheet.

d$.$ Calculate the present value of the coupon payments.

e$.$ Calculate the current yield.