2.1 (8 Marks) ABC company has an outstanding issue of $1,000- par-value bonds with a 12% coupon interest rate. The issue pays interest annually and has 16 years remaining to its maturity date. Describe the two possible reasons why similar-risk bonds are currently earning a return below the coupon interest rate on the ABC bond. 2.2 (8 Marks) Do you think it is a good idea to have a negative beta asset (e.g. a stock) in your portfolio during a crisis like the Covid-19? Discuss. 2.3 (8 Marks) Discuss the relationship between bond value and required rate of return. 2.4 (8 Marks) Investors should be more concerned about the diversifiable risk rather than non-diversifiable risk in their portfolios. Do you agree with this statement? Explain. 2.5 (8 Marks) Internal rate of return is a better capital budgeting technique than Net Present Value. Do you agree with this statement? Explain