(c) John is now convinced that he should put some of his savings into bonds. You have identified the following 5-year bonds which have similar risk characteristics:- Bond X Y Z Price 98 95 94 Coupon 4% 3.5% 3% Coupon frequency Semi-annually Annually Monthly Which of these bonds should you recommend John to invest assuming it meets his particular requirements and circumstances? (10 marks) (d) John observes the following US Treasury bond rates on 29 April 2020 and asks you to explain the data. US Treasury Bonds Rates Last Price Symbol AIRX Name 13 Week Treasury Bill Treasury Yield 5 Years 0.0900 AFVX 0.3620 ATNX Treasury Yield 10 Years 0.6270 ATYX Treasury Yield 30 Years 1.2450 Explain to John the data in the above table, with reference to the maturity and volatility of these bonds. What are the risks, if any, that the investor will face if he buys the 10- year Treasury bond? (10 marks)