Please answer both they are a and b

Valuation BOND VALUATION An investor has two bonds in his portfolio that have a face value of $1,000 and pay a 8% annual coupon. Bond L matures in 10 years, while Bond S matures in 1 year. Assume that only one more interest payment is to be made on Bond S at its maturity and that 10 mone payments are to be made on Bond L a. What will the value of the Bond L be if the going interest rate is 4%? Round your answer to the nearest cent. What will the value of the Bond S be if the going interest rate is 4% Round your answer to the nearest cent. What will the value of the Bond L be if the going interest rate is 9%? Round your answer to the nearest cent. What will the value of the Bond S be if the going interest rate is 9% Round your answer to the nearest cent. What will the value of the Bond L be if the going interest rate is 11%? Round your answer to the nearest cent. What will the value of the Bond S be if the going interest rate is 11%? Round your answer to the nearest cent. b. Why does the longer-term bond's