Problem 2 (Bonds) Please read all of the questions and problems carefully. Complete all problems using the correct formulas and show all of your work on the problems for full and/or partial credit. Timelines are not required, but can be useful when working complex problems, Formulas are not required, but setting up the problem in the correct formula may increase your partial credit A $1000 par value Wookie Company bond has 16-years remaining to maturity with a 6 percent annual coupon If it currently sells for $1033. a. What is the bond's yield to maturity? (4points b. What is the current yield? (2points) C. If interest rates increase due to inflation, what will happen to the price of these bonds? (2 points) (Required - 8 points possible.)