Show all work. Label and clearly explain your answer. This is very important. $1)$ You must explain how you arrived at your answer in order to get full credit. $2)$ If you do show your work, and your answer is wrong, you can still earn a substantial amount of credit depending on how serious the error is$.3)$ If your answer is wrong, and you don't show your work, you will get a zero.

Consider the following bonds.

$\backslash$table$[[$Bond$,\backslash$table$[[$Coupon$],[$Rate$]],$Maturity,$\backslash$table$[[\backslash$table$[[$Price$],[$Per $$100$ of Face$],[$Value$]]]],\backslash$table$[[$Yield to$],[$Maturity$],[$Annual Rate,$],[$Compounded Semi$-],[$annually$]]],[\backslash$table$[[$Vermeero$],[$Enterprises$]],4\%,5$ years,????,$6\mathrm{.}00\%],[\backslash$table$[[$Renwaro$],[$Company$]],0\%,5\mathrm{.}5$ years,$74\mathrm{.}1993,????]]$

a$)$ Draw a diagram showing the cash flows for each of the bonds.

b$)$ Calculate the price of the Vermeero bond.

c$)$ Calculate the yield to maturity for the Renwaro bond.

d$)$ Suppose you purchase the Renwaro bond today. You plan to sell this bond one year from now, and you forecast that the yield to maturity of the Renwaro $($at the sale date$)$ will be $5\%$ annual rate, compounded semiannually. If your forecast is correct, what will the holding period yield for this investment be$?$