Assuming that the current interest rate is 6 percent, compute the present value of a five-year, 5 percent coupon value of $500. What happens when the interest rate goes to 7 percent? What happens when the interest rat Instructions: Enter your responses rounded to the nearest penny two decimal places PV at an interest rate of 6% bond with a face PV at an interest rate of 7% The present value Calls 9 when the interest rate rises to 7 percent. Plat an interest rate of 5% $ The present value (rises ) when the interest rate falls to 5 percent