Hi, I have submitted this in chegg earlier, one of your experts gave wrong answers. coud you please give answers for all the options (a,b,c,d,e).

Thank you.

(Bond valuation) Kyser Public Utilities issued a bond with a $1,000 par value that pays $70 in annual interest. It matures in 20 years. Your required rate of return is 8 percent a. Calculate the value of the bond. b. How does the value change if your required rate of return (1) increases to 12 percent or (2) decreases to 5 percent? c. Explain the implications of your answers in part (b) as they relate to interest rate risk, premium bonds, and discount bonds. d. Assume that the bond matures in 10 years instead of 20 years. Recompute your answers in part (b) e. Explain the implications of your answers in part (d) as they relate to interest rate risk, premium bonds, and discount bonds. a. If your required rate of return is 8 percent, what is the value of the bond? S(Round to the nearest cent.) (Round to the nearest cent)