Bond Prices and Yields A bond has a par value of $1,000,5 years to maturity, and a coupon rate of 4.49% ? Assume that coupon payments are made semiannually. Imagine this is an exam question - try to use only your calculator(s) to answer this question. Financial calculators are useful in this race 1. If the required rate of return is 5.20%, what is the value of this bond? 2. What is the bond's value if the required rate of return increases to 6.20% ? 3. What is the bond's value if the required rate decreases to 4.20%