You are considering buying a bond with a face value of $10,000 and a bond coupon rate of 12% paid annually. What is the maximum price you will pay for the bond if you want an annual yield on your investment of 8%? Your first dividend payment will be in one year (end ofy ear one), and you will hold the bond to maturity at the end of year nine. 4-4 You buy a bond with a face value of $5,000 and a bond coupon rate of 3% per quarter. a. What is the amount of the quarterly dividend? b. If you buy the bond now for $4,200 and hold it for five years to redeem it at maturity, what is your effective quarterly rate of return? [Calculate ROR to two decimal places (eg, 6.78%) by manual interpolation. Show your factor notation and work. The result will be between 4% and 5%. ]