Consider the following information for bonds A,B and C, illustrated in Table 1. Coupons payments are annual and there is no risk of default. a) Use the price of the bonds to derive the one-, two- and three-year spot interest rates in the economy. (6 marks) b) i) State the equation that lets you find the yield to maturity for bond B. (3 marks) ii) Solve for the yield to maturity of bond B. (3 marks) c) Is bond B trading at a discount, at a premium or at par? Briefly relate your answer here to what you find in item b)ii). (3 marks) d) Use a graph to explain the relationship between bond prices and yield to maturity