Question 2 (a) Petronas Inc. has just issued a 15-year, 12% coupon interest rate, $1,000-par bond that pays interest annually. The required return is currently 14%. Required: (i) What the market price for above bond? (3 marks) (ii) What is the market value if required return decreases to 12%? (2 marks) (iii) If you are expecting that the market interest rate will drop in the near future to 10%, how will bond value change