Value of a bond: Calculate the value of a bond that matures in 10 years and has a face value of $ 1,000. The annual coupon interest rate is 7%, and the investor requires a 10% rate of return.

A. Calculate the value of the bond at the rate of return of 10%.

B. Calculate the value of the bond if the rate of return is 5%.

C. Calculate the value of the bond if the rate of return is 7%

D. Compare the results in b and c. Explain in terms of the relationship of the bond price and interest rates.