Mini Case This Mini Case is available in MyfinanceLab. Here are data on S1,000 par value bonds issued by Microsoft, GE Capital, and Morgan Stanle the end of 2012. Assume you are thinking about buying these bonds as of January 2013. Ans the following questions: a. Assuming interest is paid annually, calculate the values of the bonds if your required ra of return are as follows: Microsoft, 6 percent, GE Capital, 8 percent, and Morgan Stanle 10 percent, where MICROSOFT GE CAPITAL MORGAN STANLEY Coupon interest rate Years to maturity 5.25% 4.25% 4.75% 30 10 b. At the end of 2008, the bonds were selling for the following amounts: $1,100 $1,030 Microsoft GE Capital Morgan Stanley $1,015 c. How would the value of the bonds change if (1) your required rate of return (%) increased d. Explain the implications of your answers in part (b) in terms of interest rate risk, premium e. Should you buy the bonds? Explain. t were the expected rates of return for each bond? 2 percentage points or (2) decreased 2 percentage points? bonds, and discount bonds