Bond value and time-Changing required returns Personal Frnance Problem Lym Parsons is considering innesting in either of two outstanding bonds. The bonds both tavat $1,000 par values and 12% coupon interest rates and pay annual interest. Bond A has eactly 6 years to maturity, and bond B has 16 yeans to maturity a. Calculate the present value of bond A if the requrod rate of retum is (1) 9%, (2) 12%, and (3) 15%. b. Calculale the present value of bond B if the required rate of retum is: (1) 9%, (2) 12%, and (B) 15%. d. If Lym warted to minimize imerest rabe risk, which bond should she purchase? Why? a. (1) The value of bond A, if the requited retum is 95, is : (Round to the nearest cole)