2. a. Given a bond with a par value of $1,000,9% coupon rate (annual payments will be made), and a maturity of 12 years, Calculate the bond price if investment with similar risk is currently asking for a rate of return of 11%. (Note: You will be shown how to use the financial calculator to find out the answer during the tutorial) A zero-coupon bond, with a par value of $1,000, with similar risk and the same maturity, is selling for $300. Which bond you prefer, assume that the market price of the bond in part (a) is $720. b