17 Question 5 Corporation XYZ issues discount bonds that have a face value payout of $12,100 in 2 years. Investors believe that this company has a 3% chance of default. Let the market, risk-free interest rate be 2.5%. If investors take risk into account, then the price they will pay today for this bond is which implies the company pays a yield of on these bond issues. MI $10,844; 4.1% $10.844.05: 5,6% $11,171.45: 4.1% $11,171.45%; 5.6% Quiz saved at 7:16pm Submit