2. A company issues 2-year, $1,000 face value bonds with a coupon of 7%. The market yield at issuance is 4%. a. (9 points) Record the JE at issuance: b. (9 points) Record the JE at the end of the first year 3. A company has a $1,000 face value bond outstanding that pays a 4% annual coupon. The bond has two years remaining until maturity. The carrying value of the bond is $981.41 a. (6 points) The company learns the market yield on this bond has risen to 7%. Calculate the market price of the bond given that the bond has a remaining life of two years: b. (12 points) The company decides to retire the bond at the market price in 3a. Record the JE