Homework: Chapter 6 Score: 0 of 1 pt P6-18 (similar to) HW Score: 33.06%, 2.31 of 7 pi Bond value and ti is certan we reman at l6% ut the bond matures i, 15 years. a, Assuming that the toured set nam ,eman ans% ues matnty firdthe vau0ofthe bond with (1) S years.12yeas (3) 9 yen 14) 6 years 5) 3 years 1 your so matuty b. All else remaining the same, when the required return ditters trom the coupon interest rate and is assumed to be corstant to matunity, what happens to the bond value as time moves towand matunty tolowing graph Explain in light of the 6