P6-19 (similar to) Question Help Bond valu e and time -changing required returns Personal Finance Probiem Lynn Parsons is considerng i vesting n emer o. two onsta dng bo ds. The bonds but have 11,000 parm and 9% interest rates and pay annual interest. Bond A has exactly 7 years to maturity, and bond B has 17 years to maturity Calculate the present value of bord A " the required rate of return is: (1) 6%, (2) 9%, and (3) 12% b. Calculate the present value of bond B if the required rate of return is: (1) ens. (2) g%, and (3) 12%. c. From your d. If Lynn wanted to minimize interest rate risk, which bond should she purchase? Why? n parts a and b, disouss the relationship time to maturity and changing required returns a. (1) The value of bond A, if the required return is 6%, is00Rourd to the nearest cent)