Determine the present value of the bond's cash flows if the required rate of return is 16.64 percent. How would it change if the required rate of...

The bonds
issued by the corporation have a face value of $1000 and the coupon rate is 16% payable
semi-annually. The coupons mature after a period of 10 years.

The present
value of an amount A due after n years if the expected rate of return is r is given by A/(1 +
r)^n

For a required...