a) i. A 7%$1000 bond matures in 15 years and is selling at par. Find the yield to maturity (YTM) of the bond. ii. If the bond was selling at $1100, should the YTM of the bond be more than or less than 7% ? b) BigBang Company bonds have a 14% coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 10 years from now. i. What is the coupon payment received by the investor on a semiannual basis? ii. How much is the investor willing to pay for the bond? iii. Is this a premium or a discount bond and why