a) You are the manager for the investment portfolio of a US based manufacturing firm. Your boss has recently expressed an interest in diversifying the portfolio through investing in bonds. He has asked you to give a presentation on investing in corporate bonds. You have collected the following AAA-rated bonds information from your favourite financial website. All bonds have a par value of $1,000. Explain which of the following bonds you will choose if you expect the market interest rates will decrease by 100 basis points. No calculation is required. (4 marks) if you expect the thatkat interent rates decreake, boad price will increase No calculation is needed in Qla Explain 2 factors affecting the isterest rate seasitivty of the boad: Factor ]: Factor 2: Conclucion: To maximite stin, you will cboose Bood X? Boel Y? Bood 2 ? Based ea these two factors Rteasoe