Clarks broker has suggested that she invest in bonds of one of the following companies: Issuer Price Windsor Ltd. $1,100 Edmonton Ltd. $1,500 Windsors bonds were issued 9 years ago with a maturity date of 40 years. The bond has a coupon rate of 15% and pays interest semiannually. Edmontons bonds were issued 10 years ago with a maturity date of 40 years. The bond has a coupon rate of 16% and pays interest annually. Required: If the yield on similar bonds is approximately 12% which bond should Clark invest in? Show all calculations. (8 marks)