Question: please answer a, b, and c please (Bond valuation) You own a 15 -year, $1,000 par value bond paying 8 percent interest annualy. The market

please answer a, b, and c please

(Bond valuation) You own a 15 -year, $1,000 par value bond paying 8 percent interest annualy. The market price of the bond is $950, and yout required fate of return is 10 percent. a. Computo the bond's expected rate of return. b. Debermine the value of the bond to you, given your required rate of return. c. Should you sell the bond or continue to own it? a. What is the expected rate of retum of the 15 -year, $1,000 par value bond paying 8 percent interest annualy if its market price is $950 ? I. (Round to two decimal places.)

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