i need help with D and E

(Bond valuation) You own a bond that pays $110 in annual interest, with a $1,000 par valise. It matures in 10 yoars, Your requirod rate of roturn is 10 prroont. a. Calculate the value of the bond. b. How does the value change if your required rate of return (1) incteases to 16 percent or (2) decreases to 8 percont? c. Explain the implications of your answors in part b as they relate to interest rate risk, premiurn bonds, and discount bonds. d. Assume that the bond matures in 5 yoars instead of 10 yoars. Recompute your answers in part b. e. Explain the implications of your answers in part d as they rolate to interost rate risk, premium bonds, and discount bonds. c. Based on the answors in part b, a decrease in interest rates (the required rate of retum) will cause the value of a bond to by contrast, an increase in interest rates will cause the value to (Solect from the diop-down menus) Also, based on the answers in part b, it the required rate of roturn (current interest rate) (Select from the drop-down menus) 1. Equals the coupon interest rate, the bond will sell at 2. Exceeds the bond's coupon rate, the bond will sell at a discount 3. Is less than the bond's coupon rate, the bond will sell at a premium . d. Assume the bond matures in 5 years instead of 10 years. What is the value of the bond if your required rate of return is 10 percent? (Round to the nearest cent.)