Question 1 (52 points) Test 2 (52 marks available) Answer all questions. Submit all solutions in a PDF - labelled FirstnameLastnameStudentID.pdf. 1. (10 marks) For the following, define the bond features and identify, all else equal, the impact of the features on the bond's coupon: subordinated bond, sinking fund, call provision, convertible option. Provide a brief explanation. h 2. (6 marks) How do shareholders earn returns (explain)? Are these returns risky? If so, how? 3. (6 marks) Compare and contrast discounted payback and profitability index. Based on your analysis, which would you use to assess a project? Question 1 (52 points) Test 2 (52 marks available) Answer all questions. Submit all solutions in a PDF - labelled FirstnameLastnameStudentID.pdf. 1. (10 marks) For the following, define the bond features and identify, all else equal, the impact of the features on the bond's coupon: subordinated bond, sinking fund, call provision, convertible option. Provide a brief explanation. h 2. (6 marks) How do shareholders earn returns (explain)? Are these returns risky? If so, how? 3. (6 marks) Compare and contrast discounted payback and profitability index. Based on your analysis, which would you use to assess a project