ABC Energy issued a 5-year bond 2 years ago. The par value is $1000, the coupon rate is 8% paid semi-annually. 1)What is the bond's fair market value or price today if the market interest rate is 7%. 2) What is the bond's fair market value or price today if market interest is 10% ? 3) What is the bond's fair market value or price today if market interest is 5%