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You have been offered two bonds. Thor Construction is offering a 5-year, semi-annual coupon bond with a RMB1,000 face value and a 5% coupon rate

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You have been offered two bonds. Thor Construction is offering a 5-year, semi-annual coupon bond with a RMB1,000 face value and a 5% coupon rate that is currently selling for RMB1,025. Hermod Communications is offering a 5-year zero coupon bond that has a face value of RMB1,000 and a price of RMB825. Based on yield to maturity, which of these two bonds is considered to be the riskiest? Justify your

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