Question: please solve using financial calculator IF applicable 3. At the beginning of the year, you bought a $1,000 par value corporate bond with an annual

please solve using financial calculator IF applicable

3. At the beginning of the year, you bought a $1,000 par value corporate bond with an annual coupon rate of 6 percent and a maturity date of 10 years. When you bought the bond, it had an expected yield to maturity of 8 percent. Today the bond sells for $1,060. a. What did you pay for the bond? b. If you sold the bond at the end of the year, what would be your one-period return on the investment? Assume that you did not receive any interest payment during the holding

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