An investor has two bonds in his portfolio that have a face value of $1,000 and pay a 10.50% annual coupon. Bond Alpha matures in 5 years, while Bond Beta matures in 1 year. a) What will the value of each bond be if the going interest rate is 8% ? b) Which bond will have the greater percentage change in price if interest rates increase by 1 percentage point? a) Alpha =$1,023.15; Beta =$1,000.00 b) Alpha will have a greater percentage change in price. a) Alpha =$1,099.82; Beta =$1,023.15 b) Alpha will have a greater percentage change in price. a) Alpha =$1,023.15; Beta =$1,099.82 b) Beta will have a greater percentage change in price. a) Alpha =$1,099.82; Beta =$1,023.15 b) Beta will have a greater percentage change in price. a) Alpha =$1,000.00; Beta =$1,099.82 b) Alpha will have a greater percentage change in price