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An investor has two bonds in his portfolio that have a face value of $1,000 and pay a 10% annual coupon. Bond matures in a

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An investor has two bonds in his portfolio that have a face value of $1,000 and pay a 10% annual coupon. Bond matures in a year while Bonds matures i er. Assume that only one more interest payment is to be made on Bond S at its maturity and that 20 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 5967 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 L 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 cent. What will the value of the Bond L be if the going interest rate is 14%? Round your answer to the nearest cent. What will the value of the Bond S be if the going interest rate is 14% ? 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? I. The change in price due to a change in the required rate of return decreases as a bond's maturity increases. II. Long-term bonds have lower interest rate risk than do short-term bonds III. Long-term bonds have lower reinvestment rate risk than do short-term bonds IV. The change in price due to a change in the required rate of return increases as a bond's maturity decreases. V. Long-term bonds have greater interest rate risk than do short-term bonds. Select-+

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