a$.$ If bonds of similar risk are currently earning a rate of return of $7\%,$ how much should the Complex Systems bond sell for today?

b$.$ Describe the two possible reasons why the rate on similar$-$risk bonds is below the coupon interest rate on the Complex Systems bond.

c$.$ If the required return were at $13\%$ instead of $7\%,$ what would the current value of Complex Systems' bond be$?$ Contrast this finding with your findings in part a and discuss.

a$.$ If bonds of similar risk are currently earning a rate of return of $7\%,$ the Complex Systems bond should sell today for : $.($Round to the nearest cent.$)$

b$.$ Describe the two possible reasons why the rate on similar$-$risk bonds is below the coupon interest rate on the Complex Systems bond. $($Select the best answer below.$)$

A$.$ Since Complex Systems' bonds were issued, there may have been a shift in the supply$-$demand relationship for their product or a change in the risk towards loans.

B$.$ Since Complex Systems' bonds were issued, there may have been a shift in the supply$-$demand relationship for money or a change in the risk towards the firm.

C$.$ Since Complex Systems' bonds were issued, there may have been a change in the supply$-$demand relationship for money or a shift in the investors' attitudes towards the firm.

D$.$ Since Complex Systems' bonds were issued, there may have been a change in the number of bonds available or a change in the coupon interest rate.

c$.$ If the required return were at $13\%$ instead of $7\%,$ the current value of Complex Systems' bond would be $($Round to the nearest cent.$)$

the drop$-$down menus.$)$