Your Schwab financial consultant advised you to purchase an Alibaba bond for $1,250. The bond has a coupon rate of 10% with 8 years to maturity and a par value of $1,000. The bond pays interest semiannually. If the bond is held until maturity, what rate of return would you expect to earn on this bond? After three years, interest rates have increased by 3% and your investment advisor recommends for you to sell the bonds. What will be the price of the bonds after three years? In addition, what will be the holding period yield on your investment?