Question Two: 8 marks Consider XYZ firm who has an outstanding three years semi-annual bond which has par value of $1000 and paying annual coupon rate of 6%. By using the long way method, calculate the following: 1. The value of the bond if the required rate of return is 8%. Based on your, is the bond is selling for par, discount or premium, and how much 2. The value of the bond if the required rate of return is 4%, Based on your, is the bond is selling for par, discount or premium, and how much