Bond value ana time$-$Changing required returnsPersonal Finance Problem Lynn Parsons is considering investing in either of two outstanding bonds. The bonds both have $$1,000$ par values and $14\%$ coupon interest rates and pay annual interest. Bond A has exactly $7$ years to maturity, and bond B has $17$ years to maturity. a$.$ Calculate the present value of bond A if the required rate of return is: $(1)11\%,(2)14\%,$ and $(3)17\%.$a$.(1)$ The value of bond A$,$ if the required return is $11\%,$ is $ $($Round to the nearest cent.$)$