Hello Please help with this question, thank you!

Bond Variables:

• Face Value (P): $1,000
• Coupon Rate (I): 7% (0.07 as a decimal)
• Time to Maturity (T): 10 years
• Yield to Maturity (Y): 6% (0.06 as a decimal)

Calculate the value of the bond using the bond valuation formula discussed in the reading. Show all your calculations step-by-step and provide the final bond value.Using the bond details from above prove the correctness of your calculated bond value. Calculate the present value of all future cash flows and verify if it matches the bond value. Show all your calculations step-by-step and provide a brief explanation of your results.

I hope this edit provides what's needed to solve, thank you.

EDIT: Explain how the bond value is affected when: a) The coupon rate (I) increases while the yield to maturity (Y) remains the same. b) The yield to maturity (Y) decreases while the coupon rate (I) remains the same.

Thanks again :)