Consider the characteristics of two annual pay bonds from the same issue with the same priority in the event of default: Bond A $100 Annual Bond B $100 Annual 3 yrs 3 yrs Par value Coupons Maturity Coupon rate Yield to maturity Price 10.25% 95.91 596 10.35% 86.78 You also observe the following spot interest rates from the current yield curve: Term (yrs) Spot Rates (xero coupon) 4 7 10 Neither bond's price is consistent with the spot rates. Using the information in these displays, recommend the Bond A or Bonde for purchase. Justify your choice. Do not round Intermediate calculations, Hound your answers to the nearest cent The nonartirage price of Bond AS The non-arbitrage price of Bond : 5 Select appears to be the better purchase