Your wealthy uncle has asked you to help him value the bonds in his portfo­lio. Through the years, he has observed that some bonds sell well below or well above stated par values. He has asked for your assistance in clarifying how to value a bond. What information does your uncle need to provide you before you can begin to value a bond usmg the formulas provided in the text? If your uncle is worried about losing money in bonds, what rules can he use to reduce his risks? Think about bond maturities and the relationship between interest rates and bond prices.