2. The Neverpay company has issued a bond with 1year maturity, zero coupon, and par value 100. With probability 7'3970, the company will generate enough cash to make the full bond payment. With probability 3{l%, however, the company will default, making a payment of only 20. The riskadjusted rate for the bond [i.e., the rate at which the bond's expected cash ows are to be discounted) is T%. {a} Determine the bond's price today. [b} Determine the 1year return on the bond in the event where the company does not default. Determine the return in the event where the company defaults. (c) Determine the bond's expected return. (d) Determine the standard deviation of the bond's return. {e} Determine the bond's YTM