Bond value and changing required returns Midland Usilibes has a bond issue oulstanding that will mature to its $1.000 par value in 12 years. The bond h coupon interest rate of 12% and pays interest annually. a. Find the bond value if the reguired return is (1) 12%, (2) 16%, and (3) 9%. b. Use your finding in part a and the graph here, to discuss the relationship between the coupon rate, the reguired return and the markot value of the bo relative to its par value. c. What two possible reasons could cause the required return to difer from the coupon interest rate? (4)