) John Silversmiths broker has shown him two bonds. Each has a maturity of 5 years, a par value of $1,000, and a yield to maturity of 12 percent. Bond A has a coupon interest rate of 6 percent paid annually. Bond B has a coupon interest rate of 14 percent paid annually. i. Calculate the selling price for each of the bonds. (5 marks) ii. John has $20,000 to invest. Judging on the basis of the price of the bonds, how many number of bond he could purchase for each bonds? (2 marks) iii. Calculate the yearly interest income of each bond on the basis of its coupon rate and the number of bonds that John could buy with his $20,000. (2 marks) iv. Assume that John will reinvest the interest payments as they are paid (at the end of each year) and that his rate of return on the reinvestment is only 10 percent. For each bond, calculate the value of the principal payment plus the value of Johns reinvestment account at the end of the 5 years. (6 marks)