Case Study: You have been hired to analyze the debt securities of your organization. The firm has multiple outstanding loans and bonds. Both Long-term bonds make Semi-Annual payments. The rates that are provided are the Annual Percentage Rate for each debt instrument, also known as APR (or NOM). The Fixed-Payment loan requires Monthly payments. In order to get the Period Rate of a debt instruments, you need to divide it by the number of periods per year. More specifically, you must adjust the N,I/Y, and PMT buttons (values) from AnnualDatatoPeriod Length Data. A review of the balance sheet shows the following liabilities of the firm: 4. What is the expected annual current yield for each bond if the current price is: a. $930.50 for Bond #1 ? b. $859.50 for Bond #2 ? What is the expected annual yield to maturity for each bond? (Use TVM) a. Bond #1 selling for $930.50 ? b. Bond #2 selling for $859.50