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please provide step by step solution Question: [10 Marks] Suppose you have invested in the corporate bond of Suzlon Corporation Inc (SCI) with the following

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Question: [10 Marks] Suppose you have invested in the corporate bond of Suzlon Corporation Inc (SCI) with the following details. Due to certain issues, the company has recently gotten into trouble repaying its commercial loan, and the issuer rating agency Moody's has downgraded Suzion's bonds rating to BB8. The new appropriate discount rate will be 8.5 per cent. Due to these sudden changes in bond rating, if you plan to sell the bond immediately at a new price, what will be your profit/ loss in dollars and percentage terms

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