Question 2 (20%) A bond has a coupon of 8% and it pays interest semiannually. With a face value of S1000, it will mature after 10 years. Required? (a) If you require a return of 12% from this bond, how much should you pay for it? (b) How much will you be willing to pay if the required rate of return is reduced to 6%? (c) How much should be the fair value of the bond if the required rate of return is 8%? (d) Discuss why the price of the bond changes when a coupon rate or the required rate of return on the bond changes