Bond price over time) General Electric Corporation has outstanding an issue of $1,000 face value, 11 3/4% coupon bonds that mature in 20 years. Today investors require a 10.5% rate of return.(USING EXCEL)

a. Calculate the price of these bonds today.

b. Calculate the price of these bonds 7 years from now if market interest rates do not change.

c. Calculate the price of these bonds 14 years from now if market interest rates do not change.

d. Calculate the price of these bonds 20 years from now if market interest rates do not change.