You own some bonds issued by Another Failing Airline Inc. (AFA). When AFA issued the bonds it was in good financial health and was able to get a...

You own some bonds issued by Another Failing Airline Inc. (AFA). When AFA issued the bonds it was in good financial health and was able to get a coupon rate of 7.8%. The bonds pay coupons annually, and have exactly 10 years remaining until maturity. Each bond has a face value of $1000.