Question (1) (5 Marks) You are considering the purchase of a $ 1,500 face value of bond that pays 12% coupon interest per year and with maturity of 10 years, calculate the present value of the bond it: a) The Required rate of return (rrr) is 10%. (2 marks) b) The Required rate of return (rrr) is 13% (2 marks) c) What do your answers to part (A) and (B) say about the relation between the present value and face value. (1 mark) Question (2): (1x5-5 Marks) 1- Calculate the future value of $12,000 invested today for 3 years if your investment pays 8% compounded semiannually. (1.0 Mark) 2- Calculate the present value of $9,000 received 6 years from today if your investment pays 12% compounded quarterly. (1.0 Mark) 3- Calculate the present value of the following annuity stream: (3.0 Marks) a) Ordinary annuity of $5,000 received each year for 5 years if your investment pays 5% compounded annually. (Imark) b) Ordinary annuity of $5,000 received each year for 5 years if your investment pays 8% compounded annually. (1 mark) c) Ordinary annuity of $5,000 received each year for 5 years if your investment pays 8% compounded semiannually. (I Mark)