$10\%$ Government of India Bonds $($Annual Interest Payment$),$ Face Value Rs $10,000,$ have five years to maturity and a maturity at par.

Ascertain the value of the Bond today if the required on such bonds are a$)8\%,$

b$)10\%$

c$)12\%.$

Assuming the required rate is $8\%,$ and presently the bond is traded at Rs $11,500,$ What would you do $?$