3. Government of India has approved the issue of Deep discount bonds of Rural Electrification Corporation Limited with a face value of Rs. 30,000 having a life of 10 years. The planned yield for the investors is 12 percent. a. Assuming a yield of 12 percent, at what price would you buy the bond? (5 Marks) b. If the bond is issued at Rs. 8,000 , compute the yield assuming the bond is held till maturity