Spartan Forever INC has plan to issue 2 tranches of bond (2 different types). They have the following characteristics: Bond A is secured senior debt, rated at AAA. Face value is $1,000, annual coupon rate is 8%, paid semi-annually, the term to maturity is 5 years. Bond B is subordinated debt, rated at A. Face value is $1,000, annual coupon rate is 10%, paid semi-annually, the term of maturity is 8 years. In trying to price these bonds, you find the following information from quotations in the market: AAA-rated bond typically has an annual yield of 4%, while A-rated bond typically has an annual yield of 7%. Calculate separately the value of bond A and bond B. Put bond A valuation in box 1 and bond B valuation in box 2. Show formulas and necessary explanations for partial credits. Hint: be ware of the APR nature of yield and the frequency the coupons are paid