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alue of the bond is $1,000. be the market prices on Appendix G) I plans to issue a tax-exempt bond at an an 22. Bond valuation. Hanover County Hospital plans to issue a tax-exempt bon coupon rate of 6 percent with a maturity of 20 years. The par value of the be Hint see Appendix G.) 2. If required market rates are 6 percent, what is the value of the bond? b. If required market rates fall to 3 percent, what is the value of the bond? cIf required market rates fall to 10 percent, what is the value of the bond d. At what required market rate (6 percent, 3 percent, or 10 percent) does the above bond sell at a discount? At a premium