Question: III Bond Calculations (Chapters 10 & 16) (10 points) Jeff has been offered a corporate bond that has a price of $1,080.42. The face value

III Bond Calculations (Chapters 10 & 16) (10
III Bond Calculations (Chapters 10 & 16) (10 points) Jeff has been offered a corporate bond that has a price of $1,080.42. The face value of the bond is $1,000 and it pays a semiannual coupon of $30 and matures 5 years from now. Answer the following questions about this bond. Write your numerical answers in % format with two numbers after the decimal to receive full credit. a. (3 pts) What is the bond's yield to maturity? b. (3 pts) What is the bond's current yield? c. (4 pts) If Jeff buys this bond, he will face various risks. Identify two types of risk that Jeff will face and write a sentence or two explaining why he faces these risks or what these types of risk mean

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