5) a) XYZ Co Ltd issued a new series of 10-year bonds on February 1, 20x1. The bonds were sold at par of $1,000 and have a 12% coupon payable annually. What was the YTM of XYZ's bonds on February 1, 20x1? What was the value of the bond on February 1, 20x4, assuming that the market interest had fallen to 10% p.a.? b) c) On February 1, 20x7. XYZ bonds were sold for $941.75. What was the YTM at that date? d) Assuming that you purchase an outstanding XYZ's bond on February 1, 20x9, when the market interest was 8% p.a. How much should you pay for the bond