Question: please answer 3-4 need to calculation process 3.The fair value of bond B2 is closest to: A. 1,069.34. B. 1,111.51. C. 1,153.68. The market price


please answer 3-4 need to calculation process
3.The fair value of bond B2 is closest to:
A. 1,069.34. B. 1,111.51. C. 1,153.68.
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The market price of bond B2 is 1,090. If the bond is purchased at this price and there is a default on Date 3, the rate of return to the bond buyer would be closest to: A. 28.38%. B. 41.72%.
C. 69.49%.
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