10) to determine the present value of a bond that pays semiannual interest, which of the following adjustments should not be made to compute the price of the bond? a. The annualized coupon should be split in half. b. The annual discount rate should be divided by 2. c. The number of annual periods should be doubled. d. The par value should be split in half. e. All of the above adjustments have to be made. 19) Assume a bond with a $1,000 par value and an 11 percent coupon rate, two years remaining to maturity, and a 10 percent yield to maturity. The duration of this bond is a. 1.90 years. b. 1.50 years. c. 1.92 years. d. none of the above