Jeff has invested 50,000 on 8% coupon bond selling at par value of 1000. The bond will be matured in15 years. The bond yield to maturity is 9% and the coupons are paid annually. Required: a) Explain at least 5 key features of the bond. b) Calculate the value of the bond. c) Calculate the value of the bond if coupon rate stays same but yield to maturity of the bond is 12%. d) Calculate the value of Jeffs bond if yield to maturity falls to 7% holding the coupon rate constant