I need solution urgently

Question 1 a. What are the yield spreads between bonds? How credit ratings affect the yields of bonds and yield spreads between bonds? Illustrate when necessary. b. You are required to price a treasury bond with a coupon rate 7% paid annually. The par value of the bond is $1,000. The maturity of the bond is 3 years. i. ii. iii. iv. State the principles of bond valuation What is the price of the bond when YTM is 9% annually? What is the price of the bond when YTM is 5% annually? Use a diagram to illustrate the relation between interest rates and bond prices Explain that at which situation a bond is priced at a discount, premium or at par value? Are high-coupon bonds sold at higher or lower prices than low-coupon bonds and why? V. vi. a b. What are the yield spreads between bonds? How credit ratings affect the yields of bonds and yield spreads between bonds? Illustrate when necessary 12 marks You are required to price a treasury bond with a coupon rate 7% paid annually. The par value of the bond is $1,000. The maturity of the bond is 3 years i. State the principles of bond valuation 8 marks ii. What is the price of the bond when YTM is 9% annually 7 marks What is the price of the bond when YTM is 5% annually 5 marks Use a diagram to illustrate the relation between interest rates and bond prices 6 marks Explain that at which situation a band is priced at a discount, premium or at par value? 6 marks vi. Are high-coupon bonds sold at higher or lower prices than low-coupon bonds and why? 6 marks Total 50 marks iv