You need to present to your client, Alice Cartwright, some i

You need to present to your client, Alice Cartwright, some investment options for her to choose from. Her choices are between the following 2 bonds:BondDescriptionFace ValueCoupon RateYears to MaturityBond Acorporate bond in ABA company$1,00010% coupon12 years, paying annual paymentsBond Bcorporate bond in ABA company$1,00010% coupon2 years, paying annual paymentsFor each bond, answer the following questions:What is the valuation of the bond if the market interest rates are 12%? What is the valuation of the bond if the market interest rates are 6%? What is the valuation of the bond if the market interest rates are 2%? What is the value of the bond at the present time? What will the bond be worth at maturity? Are there differences in bond prices? If so, explain why.