2. Calculate the fair present values of the following 3 bonds, all of which pay interest semiannually, have a face value of $1,000, have 12 years remaining to maturity, and have a required rate of return of 10% (annual). The bond has a 6% coupon rate. The bond has an 8% coupon rate. The bond has a 10% coupon rate. What do your answers to the previous parts tell you about the relationship between coupon rates and bond prices? a. b. C. d