Question: only solve when you are sure please Consider a bond paying a coupon rate of 8.75% per year semiannually when the market interest rate is

 only solve when you are sure please Consider a bond paying

only solve when you are sure please

Consider a bond paying a coupon rate of 8.75% per year semiannually when the market interest rate is only 3.5% per half-year. The bond has three years until maturity. Find the bond's price today and six months from now after the next coupon is paid. (Do not round intermediate calculations. Round your answers to 2 decimal places.) What is the total rate of return on the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Total rate of return _______ % per six months

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