matures in $15$ years.

a$.$ Assuming that the required return does remain at $16\%$ until maturity, find the value of the bond with $(1)15$ years, $(2)12$ years, $(3)9$ years, $(4)6$ years, $(5)3$ years, $(6)1$ year to maturity.

a$.(1)$ The value of the bond with $15$ years to maturity is $ $($Round to the nearest cent.$)$

$(2)$ The value of the bond with $12$ years to maturity is $!.($Round to the nearest cent.$)$

$(3)$ The value of the bond with $9$ years to maturity is $?.($Round to the nearest cent.$)$

$(4)$ The value of the bond with $6$ years to maturity is $?.($Round to the nearest cent.$)$

$(5)$ The value of the bond with $3$ years to maturity is : $\_.($Round to the nearest cent.$)$

$(6)$ The value of the bond with $1$ year to maturity is $$,($Round to the nearest cent.$)$

b$.$ All else remaining the same, when the required return differs from the coupon in

A$.$ The bond value approaches the par value.

Graph$/$chart

B$.$ The bond value approaches the amount of the last interest payment.

C$.$ The bond value approaches infinity.

D$.$ The bond value approaches zero