Please write out all your work so that I can follow your problem-solving logic. If I can't follow, then I will rate thumbs-down.

Question 2 (2 parts) Because of recent stock gains, you are trying to re-balance your retirement portfolio by adding to the "fixed income" (bond) portion. You've already sold some stocks to raise cash; and now your job is to use that cash to buy bonds. There are two bonds of particular interest to you, but you want to evaluate what price to pay for them. What is the fair price for each of these bonds, if the YTM for both is 6.25%? A. 5-year 4.75% coupon bond with $1,000 face value paying coupons semiannually . OC. OD. $1,052.07 937.24 936.43 929.48 915.78 B. 3-year 9.5% coupon bond with $1,000 face value paying coupons annually OA. O B. $1,157.73 1,122.90 1,121.41 1,087.67 1,086.47 D