Question: Please show all work. Will like for correct answer. eBook Problem 13-05 Charlotte's Clothing issued a 8 percent bond with a maturity date of 18

Please show all work. Will like for correct answer.

eBook Problem 13-05 Charlotte's Clothing issued a 8 percent bond with a maturity date of 18 years. Six years have passed and the bond is selling for $865. Assume that the bond pays interest annually. a. What is the current yield? Round your answer to two decimal places b. What is the yield to maturity? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest whole number. c. If four years later the yield to maturity is 10 percent, what will be the price of the bond? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest dollar

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