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Q3 Task 1) Define a function to calculate a bond's price using the following equation: bond price = face value / (1+i)^t . Ensure the

Q3 Task

1) Define a function to calculate a bond's price using the following equation: bond price = face value / (1+i)^t. Ensure the function returns the bond price.

2) Assume you want to price a zero-coupon, 5 year corporate bond with a face value of $1,000. If interest rates are currently 7%, use your function to calculate the price of this bond.

3) Now assume you have a 5 year corporate bond with a face value of $1,000 that is currently trading at $900. Using numpy-financial, what is the current interest rate?

Plaese use python code for this tasks separately for each task

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