(a)Information regarding bond issues (semi-annual coupon bond) from two companies follows. Price Firm A Firm B ? ? Coupon rate 7.5% 7.5% Maturity In 5 years In 3 years Required rate of 8.24% 3.2% return Current yield 7.78% 6.98% (Hint: what is face value for the bond by default) (i) Calculate the current bond price for the Firm A and Firm B (ii) Are the bonds trading at a discount or a premium? Why? (iii) what would happen to bonds' prices if YTM for each bond to increase?