Please complete all parts

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 (i) increases to 12 percent or (ii) decreases to 6 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 15 years instead of 30 years. Recompute your answers in parts a and \\( b \\). e. Explain the implications of your answers in part \\( \\mathrm{d} \\) as they relate to interest-rate risk, premium bonds, and discount bonds. a. What is the value of the bond if the market's required yield to maturity on a comparable-risk bond is 7 percent? (Round to the nearest cent)