a) The $1,000 face value of the Belmopan City Council bond has a coupon rate of 6%, with interest paid semi-annually, and matures in 1 year. If the bond is priced to yield 8%, what is the value of the Council's bond today? ( 4 points) b) Calculate the present value of a $1,000 zero-coupon bond with 2 years to maturity if the yield to maturity is 6%. ( 3 points) c) Sheen Corporation is issuing Bond Y and Bond Z on 21 January 2023. Both bonds will be issued unsecured, at a face value of $5,000 and pay 6% per annum semi-annual coupons. Investors are trying to identify the difference in risk between Bond Y and Bond Z. Explain two (2) factors that can cause one bond to be of greater risk to investors. ( 3 points)