46. Suppose Galaxy Corp. has a bond issue [$1,000 face value] that pays a coupon of 4% per year. The bond matures in 20 years. What is the value of the bond? P 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? Po 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 (Po) of Galaxy's bonds? Po =