(Bond valuation relationships) A bond of Visador Corporason gays $70 in amual interest, with a $1,000 par value. The bonds mature in 25 years. The markets required yield to maturity on a conparable-tisk bond is 9.5 percent. a. Cabulate the vilue or the bond. b. How dots the valie change if the narkof's requied yeld to maturity on a compacatiensk bord (i) incrabses to 11 percent or (i) decreasea to 4 percant? c. Intepret yout finding in parts a and b. a. What is the value of the bond t the maker's required yield to maturty on a comqaratie tikk bend it 9.5 porcent? (Round to the nearest cent) b. 0) What is the value of the bond if te markers cequired yeld ts matunty on a comperatie-itik tond horeases to 11 peroent? (Pound to the neareat oten.) b What is the vave of the bond if the market's required yeid to matuicy on a comparabie-risk bond decreases to 4 peroent? (Foound to the nearest cem.) c. The charge in the value of a bond casued by chmong inserest rates ia called interest rate thk. Based en the anweers in part b, a decrease in irterest rates ithe yied to maturith will cause the wile of a bsind to by contrast an increase in irterest rasas will cause the value to (Solect from the drop-down menus) Aso, bensed on the ahwaens in part b, if the yieid to maturity (current interest rato). equais the coupon inlerost rate, the band will bol of exceeds the bands coupon rase, the bond wal utl at and