3. Compute the value of a 12-year, semi-annual coupon bond that is priced to yield 14.00%. The bond carries a 12.00% coupon. If you hold this bond for five years, and the required return stays constant, at what price can you expect to sell the bond? 4. Consider the following bonds: One bond matures in 16 years and pays a 6.5 percent annual coupon. The second bond matures in 10 years and pays a 6.5 percent annual coupon. The required return on both bonds is 5.00 percent. If the market required return on both bonds rises to 7.00 percent, which bond will realize the biggest dollar change in market value? Why