Assignment No. 1 Question 1. Hire Refrigeration company floated Rs. 3 Billion bond on July 1, 2016. Each bond having face value of Rs. 1,000. Maturity of bond is 5 years, while interest coupon rate is 12%. What will be the value of bond if market interest rate is 8% and 15% respectively. Also what will be the new value of bond after 2 years if the market interest rate remains constant. Question 2. If Face value of bond is Rs. 1,000 with interest coupon of 5% and maturity period is 3 years then what will be the value of bond if market interest rate is 3% and 7%. Also what will be it new value after one year, if market interest rate remains constant