Canvas does not accept multiple numerical answers in one question. So I had to break this down into three questions 3a, 3b, and 3c. In 2020 a corporation issues a coupon bond with a term to maturity...

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Extracted text: Canvas does not accept multiple numerical answers in one question. So I had to break this down into three questions 3a, 3b, and 3c. In 2020 a corporation issues a coupon bond with a term to maturity of five years. So the first coupon payment will be in year 2021 and the last one in 2025. The bond promises to pay annual coupons of $10,000 and a final value of $100,000 in 2025. Currently the price of this bond is $100,000. In 2022 an investor buys this bond when the interest rate is 9 percent. Note that if you buy this bond in 2022 and hold it to maturity, you will collect three coupons plus the final value. However, the investor sells it in 2023 when the interest rate has risen to 11 percent. The capital-gains rate in 2023 experienced by the investor is X percent. What is X? -4.14 Question 4 Question 3a continued. The coupon rate experienced by the investor is Y percent. What is Y? 0.1 Question 5 Question 3a and 3b continued. This investor's one-year holding-period return in 2023 is Z percent. What is Z? 10