A bond matures in one year and has a face value of $1,000 which it will pay with a probability of 95% in one year. With a probability of 5%, the bond will default, and the bondholders will only recieve $200. (There are no interim coupon payments.) The bond is currently selling for $800 (Note that this is a rate question, so be careful with your input.) Part 1 Attempt 1/1 What is the promised return on the bond? (i.e. the return if the bond pays it's $1,000 face value as promised.) What is the expected retum on the bond