An investor has two bonds in his portfolio that have a face value of $1,000 and pay a 10% annual coupon, Bond L matures in 15 years, while Bonds matures in 1 year Assume that only one more interest payment is to be made on Bond S at its maturity and that 15 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 5%? Round your answer to the nearest cent. $ What will the value of the Bond S be if the going interest rate is 5%? Round your answer to the nearest cent. $ What will the value of the Bond I be if the going interest rate is 997 Round your answer to the nearest cent A-Z $ What will the value of the Bond S be if the going interest rate is 997 Round your answer to the nearest centi $ What will the value of the Bond l be if the going interest rate is 12%? Round your answer to the nearest cent. $ What will the value of the other the going interest rate is 12%? Round your answer to the nearest cent $ b. Why does the longer-term cuid's price vary more than the price of the shorter-term bond when interest rates change? 1. Long-term bonds have lower reinvestment rate risk than do short-term bonds 11. The change in price due to a 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 IV. The change in price due to a change in the required rate of return decreases as a bond's maturity increases. V. Long term bonds have lower interest rate risk than do short-term bonds