You have a 10 yr bond which has a face value of $1000 and a coupon rate of 6% that is paid semi annually. i) If the bond has a quoted price of 102.7 what is the yield to maturity at the end of the 2nd year? i) If they were to issue another bond at the end of the 2nd year at par, what would the coupon payments have to be? ii) If the interest rate in the market drops what would happen to the yield to maturity, explain iv) Would you want to buy this bond given the projections on rates? 1 A- B I 00 23 3