Barnett Corp. signed a contract that will require it to pay $125,000 at the end of each year for the next five years (years 1-5), followed by $175,000 at the end of each year for the next 10 years (years 6-15). What is the present value of these future payments at an interest rate of 5,5%? Select one: a. $2,375,000.00 b. $931,733.18 c. $1,829,833.82 d. $1,543,062.44 e. $1,139,612.62 Consider a bond with a 8% coupon rate that has a required rate of return of 9%. Holding the required rate of return constant, as the maturity date of the bond approaches, the price of the bond will Select one: a. decrease b. increase c. remain constant d. cannot be determined