Consider a bond paying a coupon rate of 10% per year semiannually when the marketinterest rate is only 4% per half a year. The bond has 3 years until maturity
a. Find the bond's price today and 6 months from now after the next coupon is paid. (Round your answers to 2 decimal places. Current price ? Price after six months?
b. What is the total (6-month) rate of return on the bond?