Thhle 1 Table 1 above shows the annual coupon interest rate, par value, years to maturity and yield to maturity of three bonds: L, M and N. (i) Determine the current price of Bond L. (5 marks) (ii) Is the bond trading at a discount, premium or par? (7 mark) QUESTION 3 (i) Calculate the current value of Bond M. (5marks) (ii) Is the bond trading at a discount, premium or par? ( 7 mark) (iii) What would happen to the price of the bond if the yield to maturity increases