QUESTION 1 (Quantitative Questions - Show Work) Suppose that General Motors Acceptance Corporation issued a bond with ten years until maturity, a face value of $1000, and a coupon rate of 9% (annual payments). The yield to maturity on this bond when it was issued was 8% Answer the questions below round to nearest.cent 2 a. What was the price of this bond when it was issued? (Make sure you draw a timeline for this par b. Assuming the yield to maturity remains constant, what is the price of the bond immediately after it makes its first coupon payment? (Make sure you draw a timeline for this part) c. Assuming the yield to maturity remains constant, what is the price of the band immediately before it makes its first coupon payment? d. Assuming the yield to maturity remains constant, is the bond price expected to increase, decrease, or stay constant