10:35 DE 58% Q4. (a) A 15-year. $1,000-face-value bond was issued with 8 percent coupon rate. As of today, the bond has a current market price of $935 and 10 years remain until maturity. i. What is the implied market-determined annual discount rate (i.e. annual yield to maturity) on this bond? Some bonds sell at a premium over par value while others sell at a discount Elaborate. (7.5+ 7.5=15) (b) A large mining company, Gold Miners Ltd. has a popular CEO. He is always in the media and keeps coming up with big announcements about investing in one country or the other. The CEO and his team have given themselves huge bonuses in last two years even though several new initiatives underperformed or failed to take off. Share price of the company has been stagnant and the dividend payout along with return on equity are declining. Top leadership does not share much information about large new investments with the media or shareholders in the name of trade/business secrecy. i.Identity and briefly discuss the above issue which is often faced by large companies? ii. Assume yourself to be a strategy consultant. What suggestions will you offer to resolve the problem? (5+5=10) too