Question: Question 2 (1 point) One year ago a $1,000 face value, 6% sapon bond was telling for $1,100. Since then, the market yield has decreased

Question 2 (1 point) One year ago a $1,000 face value, 6% sapon bond was telling for $1,100. Since then, the market yield has decreased by two percentage points. The bond pays interest Heminmaally and now has four years to maturity. What is the band's price today? You have the option of purchasing a 51.000,6) coupon bond with interest payable seminually and a remaining term of 10 years for $900, or a $1.000 ser coupon bond with a remaining term of 10 years for $500. Interest on the zero is also compounded semiannually. Which bond should you buy? Why

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