a) A bond mature in 12, and pays an 8 percent annual coupon. The bond has a face value of S 1,000, and currently sells for S 985. What I the bonds current ield and vield to maturity? b) Star Track Corporation has a level coupon bond with a 9% coupon rate and is, paid annually. The bond has 20 years to maturity and a face value of S 1,000; similar bonds currently yield 7%. Calculate the bonds current value c) Alam corporation has issued 10-vear bonds with a par value of $ 1,000, 5 years ago with a coupon rate of 9%,if the bonds can be sold at $950, calculate the yield to maturity (YTM) of the said bond. rates on BBB-rated debt nominal rate and an effective rate d) Explain why the interest rates on AAA- rated debt are lower than the interest e) By using suitable example, discuss the difference between periodic rate