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Suppose you purchase a 30 -year, zero-coupon bond with a yield to maturity of 5.9%. You hold the bond for five years before selling it. a. If the bond's yield to maturity is 5.9% when you sell it, what is the annualized rate of return of your investment? b. If the bond's yield to maturity is 6.9% when you sell it, what is the annualized rate of return of your investment? c. If the bond's yield to maturity is 4.9% when you sell it, what is the annualized rate of return of your investment? d. Even if a bond has no chance of default, is your investment risk free if you plan to sell it before it matures? Explain. following table summarizes the yield to maturity for five-year (annual-payment) coupon corporate bonds of various ratings: a. Assuming the bonds will be rated AA, what will be the price of the bonds? fractions are rounded to the nearest whole number.) c. What must be the rating of the bonds for them to sell at par? d. Suppose that when the bonds are issued, the price of each bond is $960.79. What is the likely rating of the bonds? Are they junk bonds? Suppose you purchase a 30 -year, zero-coupon bond with a yield to maturity of 5.9%. You hold the bond for five years before selling it. a. If the bond's yield to maturity is 5.9% when you sell it, what is the annualized rate of return of your investment? b. If the bond's yield to maturity is 6.9% when you sell it, what is the annualized rate of return of your investment? c. If the bond's yield to maturity is 4.9% when you sell it, what is the annualized rate of return of your investment? d. Even if a bond has no chance of default, is your investment risk free if you plan to sell it before it matures? Explain. following table summarizes the yield to maturity for five-year (annual-payment) coupon corporate bonds of various ratings: a. Assuming the bonds will be rated AA, what will be the price of the bonds? fractions are rounded to the nearest whole number.) c. What must be the rating of the bonds for them to sell at par? d. Suppose that when the bonds are issued, the price of each bond is $960.79. What is the likely rating of the bonds? Are they junk bonds