1. calculate the fair present values of the following bonds, which will pay interest semi annually, have a face value of $1000, have 20 years remaining to maturity, and have the required rate of return of 10%. a. The bond has a 6% coupon rate. b. the bond has an 8% coupon rate. c. The bond has a 10% coupon rate. d. What do your answers to part a through C say about the relation between coupon rates and present values