1. MNO Inc has issued a 9% bond that is to mature in 6 years. The bond had a $1,000 par value and interest is due to be paid semi-annualy your required rate of retumis 17% 1. what price would you be willing to pay for the bond? (1.5 point II. Will the band trade at discount premium or par? 105 point) 2. Consider a one-year XYZ bond that promises a coupon rate of Band has a principal (par value of $1,000. Further, assume the bond is currently trading for 5900 Determine the Promised Yield to Maturity. 1 point II. Continuing with part 1 above, assume there is a 30% probability of default on XYZ bond and if the bond defaults, the bondholders will receive 70% of the principal and interest owed. What is the Expected Yield to Maturity? [1 point 3. List any two key relationships with reference to bond valuation 10.5*2 = 1 point