Suppose you purchase a 30-year, zero-coupon bond with a yield to maturity of 5.8%. You hold the bond for five years before selling it. a. If the bond's yield to maturity is 5.8% when you sell it, what is the annualized rate of return of your investment? b. If the bond's yield to maturity is 6.8% when you sell it, what is the annualized rate of return of your investment? c. If the bond's yield to maturity is 4.8% when you sell it, what is the annualized rate of return of your investment? d. Even if a bond has no chance of default, is your investment risk free if you plan to sell it before it matures? Explain. a. If the bond's yield to maturity is 5.8% when you sell it, what is the annualized rate of return of your investment? The annualized rate of return of your investment is 5%. (Round to two decimal places.) b. If the bond's yield to maturity is 6.8% when you sell it, what is the annualized rate of return of your investment? The annualized rate of return of your investment is 4%. (Round to two decimal places.) c. If the bond's yield to maturity is 4.8% when you sell it, what is the annualized rate of return of your investment? Then the annualized rate of return of your investment is 4 %. (Round to two decimal places.) d. Even if a bond has no chance of default, is your investment risk free if you plan to sell it before it matures? Explain. (Select the best choice below.) O O A. If there is no chance of default, the investment is risk free no matter when you sell it. B. There is always a chance of default, so every bond has risk. O c. Even though the yield to maturity changes, if there is no chance of default, then the bond is risk free