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would like a step by step on how to answear question The yield of the 10-year US Treasury bond is 1.20%. It is the risk-free

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The yield of the 10-year US Treasury bond is 1.20%. It is the risk-free rate. You work for investment manager and your boss asks you to calculate the price of a 10 -year corporate bond that yields 3.00% more than its risk-free rate and has a face value of $1,000. The fixed coupon of this corporate bond is 5.00%. Both bonds pay coupons annually. - What is the current price of the corporate bond? - Calculate the price of the bond if its yield increased by 1.00%. - Calculate the price of the bond if its yield decreased by 1.00%. - Please discuss the risk associated with this change in interest rates? Requirements: - Submit a Word document or Excel spreadsheet. - At least three pages in length, excluding the Title and Reference pages. Be sure to read the criteria below by which your work will be evaluated before you write and again after you write

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