=+LG 6 P6–25 Bond valuation: Semiannual interest Calculate the value of each of the bonds shown in the following table, all of which pay interest semiannually.

LG 6 X

MyLab Bond Par value Coupon rate Years to maturity Required stated annual return A $1,000 10% 12 8%

B 1,000 12 20 12 C 500 12 5 14 D 1,000 14 10 10 E 100 6 4 14