Assume that Providence Health sold bonds that had a ten$-$year maturity, a $11$ percent coupon rate with annual payments and a $$1,000$ par value.

Suppose that three years after the bonds were issued, the required interest rate fell to $6\%.$ What would be the bonds' value? Use the format X$,$XXX$.$XX to answer the question.

Suppose that three years after the bonds were issued, the required interest rate rose to $12\%.$ What would be the bonds value? Use the format X$,$XXX$.$XX to answer the question.

What would be the value of the bonds seven years after issue, assuming that interest rates stayed steady at $11$ percent? Use the format X$,$XXX$.$XX to answer the question.