8. Dilbert, Inc., planned to issue 4-year, $1,000 face value bonds totaling $40 million next month. The bonds have been printed with a 3% annual coupon rate. Since that printing, however, Moody's downgraded Dilbert's bond rating from AAA to A. and the bonds will have to be priced to yield buyers 3.2%. Determine the bond's price. 992.60 How much will Dilbert collect when the bonds are sold? $39,704.000 Robert paid $905 for a 10-year bond with a coupon rate equal to 8 percent when it was issued on January 2. If Robert sold the bond at the end of the year in which it was issued for a market price of $925, what return would he earn? What portion of this return represents capital gains, and what portion represents the current yield? Total return: 11.05%. Capital gain: 2.21%. Current Yield: 8.84%