tter Graph/Chart 3 ye e bor 0 1,300 ,200 1,100- 1,000 900- 800- 700- 600- 500 15 Years to Maturity PrintDone eck Answer P6-18 (similar to) Question Help * Bond value and time-Constant required returns Pecos Manuf tho company is certain it wil remain at 14% unti, the bond matures in '5 years. acturing has siss ed a 15-year, 12% coupon interest rate. S 1,000 pu od Pat pays nerest ann aby Therenand survey 14% d Assuming that the required return does remain at 14% unu maturity, tind the value ot the bond with (5) 15 years C2) 12 years, (3) 9 years, (4) 6 years.B, 3 years. y AI else remaining the same, when re required return d lors "rom the copon interest rate and is assumed to be oor start to maurts what happens to ne tond vaue as ti o mom ow. dnnan, Espa to arro a. ight of the following graph: l a. (1) The value of the bond with 15 years to maturity is (Round to the nearest cent