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1, A Shanti Computer bond with a 7% coupo a. What is the price you will pay for the bond in the market? (3) b.

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1, A Shanti Computer bond with a 7% coupo a. What is the price you will pay for the bond in the market? (3) b. The Shanti bond referred to above is rated A by Standard & Poor's (S&P). Assume that S&p changed the bond rating to AA. No explanation is needed; rather, merely indicate "increase", "decrease" or "will not change". Simply state the effect this change would likely have on each of the following: i. The market price of the bond? (3) i. The coupon rate of interest on the bond? (3) n is currently selling for 109.45% of par

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