Q2)You have the opportunity to purchase a commercial bond. The face value of the bond is $1,000 the bond interest rate is 10%. five years. The bond pays interest every six months and will mature after (a) Compute the highest price that should be paid for the bond if the nominal interest rate paid by comparable investments is 8%. (b) If you decide to sell the bond two years after its purchase, what is the highest price that you could expect to be able to sell it for if the market nominal interest rate has increased from 8% to 9% per year. (c) What is the amount received at the end of the fifth year if the market interest rate is less than 12%