2. Bond Valuation PoFCo is a large-scale manufacturing company with AAA credit rating. PoF Co's CFO, Daniyal Khan, is looking to sell new short-term debt through a bond sale. Mr. Khan is looking to retire this debt in 5 years, i.e. the maturity on the bond issue will be 5 years. He has not yet decided the coupon rate or the coupon frequency for these bonds. Aleena Shaikh is a research associate at MG Securities. Ms. Shaikh is working on a research report to make a recommendation to buy PoFCo bonds for her clients. Before she can make a recommendation, her senior research associate has asked her to run a few different scenarios under which PoFCo can issue bonds. This is standard practice for any research report written by MG Securities. Ms. Shaikh has found that existing bonds from AAA rated large-scale manufacturing agencies have a deep and liquid market. There are plenty of other similar bond floats with comparable financial exposure and credit rating. On average, investors demand a YTM of 6.0% annual based on semi-annual coupon payments from similar bond floats. Aleena decides to use this YTM to discount PoFCo's bonds. 1. If PoFCo announces the bond with zero percent coupon (called a zero-coupon bond), what will be the price of a single bond? (please round to 1 decimal place, no Rs or commas) 2. If PoFCo announces the bond with 6 percent semi-annual coupon, what will be the price of a single bond? (please round to 1 decimal place, no Rs or commas) 3. If PoF Co announces the bond with 6 percent annual coupon, what will be the price of a single bond? (please round to 1 decimal place, no Rs or commas)