Q5. Samantha is considering Bonds at the Crimean Bank Ltd which has 7-year bonds outstanding that pay a 11.03 per cent coupon rate. Investors buying the bond today can expect to earn a yield to maturity of 6.72 per cent. What is the current value of these bonds? Assume annual coupon payments and a face value of $1000. (1 Mark for a correct time line, 2 marks for the correct formula, 5 Marks for correct workings and 2 marks for correct answer to equal a total of 10 Marks)