hi i also had a question i can only send 20 questions per month? or its unlimited

many thanks

Mr. Luke is currently looking for investing in corporate bonds. He has found a 100 nominal value bond which pays annual interest of 8% and matures in 3 years. How much will he be willing to pay to buy the bond, if his required annual return is: (a) 9%, and (b) 7%? What are the main conclusions that can be derived by comparing the prices of the bond between cases (a) and (b)