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(B)??? BU2550-1 If a bond with a par value of 100 is paying an annual coupon of 4%, has a maturity date 3 years from

(B)???
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BU2550-1 If a bond with a par value of 100 is paying an annual coupon of 4%, has a maturity date 3 years from now and the appropriate discount rate is 6%, at what price will the bond trade? Why would the yield of a bond exceed the coupon of a bond? Give examples a. (16 mark b. Describe what is meant by a defined contribution and a defined benefit pension plan. What risks are borne by an employee with a defined contribution plan in contrast to an employee with a defined benefit pension plan? (17ma

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