An investor has two bonds in his portfolio, that both have a face value of $1,000 and pay a 8% annual coupon. Bond t, matures is 18 years, while 5 matures in 1 year. Assume that only one more interest payment Is to be made on Bond S at its maturity and that 18 more payments are to be made on Bond L. What will the value of the Bond L be d the going interest rate is 6%? Round your answer to the nearest cent. What will the value of the Bond S be if the going interest rate is 6% Round your answer to the nearest cent. What will the value of the Bond it be if the going interest rate is 8%? Round your answer to the nearest cent. What Will the value of the Bond S be If the going interest rate is 8% Round your answer to the nearest coot. What will the value of the Bond L be if the going Interest rate is 13% Round your answer to the nearest cent. What will the value of the Bond S be if the going Interest rate is 13%? Round your answer to the nearest cent. Why does the longer-term bond's price vary more than the price of the shorter-term bend when interest rates change? Long-term bonds have lower interest rate risk, than do short-term bonds. Long-term bends have lower reinvestment rate risk than do short term bonds. The change in price due to a change in the required rate of return Increases as a bend's maturity decreases. Long-term bonds have greater interest rate risk than do short term bends