The following picture has all of the information necessary to answer my question. please advice.Chapter 3 Hw_Part1SavedHelpSave & ExitSubmitCheck my work3Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000, have 8years remaining to maturity, and have a required rate of return of 13.5 percent.0.62a. The bond has a 8.6 percent coupon rate. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g.,points32.16))b. The bond has a 10.6 percent coupon rate. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g.,32.16))eBookc. The bond has a 13.5 percent coupon rate. (Do not round intermediate calculations.)PrintReferencesa.Fair present valueb.Fair present valuec. Fair present value
Values of the bonds
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