Problem $8-5$ a$)$

A stockbroker has proposed two investments in low$-$rated corporate bonds paying high interest rates and selling at steep discourts $($unk bonds$).$ The bonds are rated as equally risky and both mature in $15$ years.

$\backslash$table$[[$Bond$,$Stated value,$\backslash$table$[[$Annual$],[$Paymentest$]],\backslash$table$[[$Current Market Price$],[$with Commission$]]],[\backslash$table$[[$Gen$.],[$Dev$.]],$$$1000,$$$67,$$$480$