46. Suppose Galaxy Corp. has a bond issue [$1,000 face value that pays a coupon of % per year. The bond matures in 20 years. What is the value of the bond? Po 47. Now, suppose in the second year, (how many years to maturity?), interest rates on a similar type of bond increases to 5%. What is the value of the bond? 48. Next, after another year, with the market rate still at 5%, what will be the value of the bond? 49. Calculate the one-year holding period return between 2 and 3? 50. Going back to the scenario in #1 above, suppose the interest rates fall to 3% the year after Galaxy bonds were issued. What would this do to the value (Pe) of Galaxy's bonds? Po