Clark's broker has suggested that she invest in bonds of one of the following companies: Windsor's bonds were issued 9 years ago with a maturity date of 40 years. The bond has a coupon rate of 15% and pay's interest semiannually. Edmonton's 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)