Consider that Mr. Ali was offered to invest in a bond that has a par value of R.O 20,000 and pays 5% coupon rate at the end of each year in coupon payments and has 3 years remaining until maturity. Assume that the prevailing annualized yield of the bond is 8%, with additional data of (present value annuity is = 2.577 and present value is 0.794) Based on the case if the annualized yield of the Bond is reduced to 3%, then: a. It is good for Mr. Ali, since he will have more return. b. It is not good to Mr. Ali since he will have less return c. The PVBo will be higher and Mr. Ali will pay less. d. The PVBO will be less and Mr. Ali will pay more