Q1. (a) MIST's bonds pay RM70 in annual interest, with a RM1,000 par value. The bonds mature in 17 years. Your required rate of return is 8.5% per year. (i) Calculate the value of the bond. (2 marks) (ii) Calculate the value change if your required rate of return (k): Increase to 15% per year; and (3 marks) Decease to 8% per year. (3 marks) Interpret your finding in parts (i) and (ii). (6 marks)