P9-19 (similar to) Question Help work (Bond valuation relationships) Arizona Public Utilities issued a bond that pays $60 in interest, with a $1,000 par value. It matures in 20 years. The market's required yold to maturity on a comparable-risk bond is 8 percent a. Calculate the value of the bond. b. How does the value change if the market's required yield to maturity on a comparable-risk bond (1) increases to 10 percent or decreases to 7 percent? c. Explain the implications of your answers in part as they relate to interest rate risk, premium bonds, and discount bonds d. Assume that the bond matures in 15 years instead of 20 years. Recompute your answers in parts a and b. e. Explain the implications of your answers in part d as they relate to interest-rate risk, premium bonds, and discount bonds iz/Test a. What is the value of the bond if the market's required yield to maturity on a comparable-risk bond is 8 percent? $ (Round to the nearest cent) Main Menu Assignments P9-23 (similar to) B ouestion Help (Related to Checkpoint 9.6) (Inflation and interest rates) What would you expect the nominal rate of interest to be if the real rate is 4.3 percent and the expected inflation rate is 65 percent? De Homework The nominal rate of interest would be % (Round to two decimal places.) Take a Quiz/Test P9-25 (similar to) Question Help (Inflation and interest rates) What would you expect the nominal rate of interest to be if the real rate is 5.4 percent and the expected inflation rate is 26 percent? work The nominal rate of interest would be %. (Round to two decimal places.) r/Test