Question: PLEASE ONLY ANSWER QUESTION # 4 ( i have included questions 1 - 3 with the answers in case you need them to answer question

PLEASE ONLY ANSWER QUESTION #4(i have included questions 1-3 with the answers in case you need them to answer question 4,but please only answer question 4. See attached the picture of what you need to provide for question 4)
(1) What is the value of a 10-year, $1,000 par value bond with a 10% annual coupon if its required return is 10%? answer: $1000.00
(2) What is the value of a 13% coupon bond that is otherwise identical to the bond described in 1? Would we now have a discount or a premium bond? answer: $1,184.34
(3) What is the value of a 7% coupon bond with these characteristics? Would we now have a discount or a premium bond? answer: 815.66
(4) What would happen to the values of the 7%,10%, and 13% coupon bonds over time if the required return remained at 10%?
 PLEASE ONLY ANSWER QUESTION #4(i have included questions 1-3 with the

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