Hire Refrigeration company floated Rs. 3 Billion bond on July 1, 2016. Each bond having face value of Rs. 1,000. Maturity of bond is 5 years, while interest coupon rate is 12%.

What will be the value of bond if market interest rate is 8% and 15% respectively and what will be the new value of bond after 2 years if the market interest rate remains constant? ( KINDLY SHOW HANDWRITTEN CALCULATIONS) (THERE ARE TWO PARTS TO QUESTION) KINDLY HELP IN BOTH