calculate in detailed pls

(i) Critically assess the following statements: Investors always prefer invest in investment- grade bonds over junk bonds. (10 marks) (ii) A bond has a coupon rate of 8% per year semiannually. The market interest rate is 6% per year. The bond has 4 years until maturity. The face value of the bond is 1,000. a. Find the bond price today and 6 months from now after the next coupon is paid. b. What is the total (6-month) rate of return on the bond? (10 marks)