Question-1 (50 pts) Suppose you purchase a 1,000 & utility bond, freshly issued, which offers interest payable annually, and matures in 8 years. The current price of the bond is 1,100 a) What is the coupon rate of this bond if the market quoted yield to maturity is 12%? (40 pts.) b) What will be the face value of a 5-year zero-coupon bond which is equivalent to the bond above? (10 pts.)