B5. Please value the following risky bond. It is a zero-coupon-paying bond with a face value of $100,000.00 and 1 year to maturity. The firm issuing the bond has a 6% chance of default. If the bond goes into default, the bond holders receive 30% of the face value as at the time of the original final payment. Bonds with a similar risk of default are quoted at yields of 8.2% and this bond is also priced at 8.2%. The quoted yield on risk-free, one-year government zeros is 3%. Assume a flat term structure, B5a. What is the price of the bond? [3 marks] B5b. How large is the expected return on the bond in percent? [4 marks] B5c. How large is the default premium? [1 marks]