$ An investor has two bonds in his portfolio that have a face value of $1,000 and pay a 12% annual coupon. Bond L matures in 13 years, while Bond S matures in 1 year. Assume that only one more interest payment is to be made on Bonds at its maturity and that 13 more payments are to be made on Bond L a. What will the value of the Bond L be if the going interest rate is 44? Round your answer to the nearest cent. What will the value of the Bond S be if the going interest rate ls 44? Round your answer to the nearest cent. What will the value of the Bond L be if the going Interest rate is 107 Round your answer to the nearest cent What will the value of the Bond 5 be if the going interest rate is 10%7 Round your answer to the nearest cent. $ s 5 What will the value of the Bond L be if the going interest rate is 12%? Round your answer to the nearest cent. 5 What will the value of the Bonds be if the going interest rate is 12%? Round your answer to the nearest cent. b. Why does the longer-term bond's price vary more than the price of the shorter term bond when Interest rates change? 1. The change in price due to change in the required rate of return increases as a bond's maturity decreases II. Long-term bonds have greater interest rate risk than do short-term bonds m. The change in price out to a change in the required rate of return decreases as a bond's maturity increases IV. Long-term bonds have lower interest rate risk than do short-term bonds V long-term bonds have lower reinvestment rate risk than do short-term bonds