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Given a five-year, 8% coupon bond with a face value of $1,000 and coupon payments made annually: What is the bond value if it is

Given a five-year, 8% coupon bond with a face value of $1,000 and coupon payments made annually:

What is the bond value if it is trading at the yield of 6%?

What is the bond value if it is trading at the yield of 8%?

What is the bond value if it is trading at the yield of 10%?

Comment on the price and yield relation you observe. What are the percentage changes in value when the yield goes from 6% to 8% and when it goes from 8% to 10%?

Please show all calculations!

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