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(Bond valuabon) Bellingham bonds have an annual coupon rate of 7 percent and a par value of $1,000 and will mature in 30 years. If

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(Bond valuabon) Bellingham bonds have an annual coupon rate of 7 percent and a par value of $1,000 and will mature in 30 years. If you require a return of 14 percent what price would you be willing to pay for the bond? What happens if you pay more for the bond? What happens if you pay less for the bond? a. The price you would be willing to pay for the bond is 5 (Round to the nearest cent.) b. The bond is not an acceptable investment if you pay return (Select from the drop-down menus.) for the bond because the expected rate of return for the bond is than your required rate of see

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