Exercise 2 Ms. Alumm is the portfolio manager for a large insurance co. She is investing $1 million to purchase some bonds of Patriot Enterprises, Inc. All the 3 issues have same 8% BEY. Bond A Bond B Bond C Type (MT Note) Bond 208 cpn rate 9% 8% 0% freq 2 2 2 TTM (yrs) 5 10 10 Par value 1000 1000 1000 req yield (BEY) 8% 8% 8% a. At what price should each band currently sell .9