35 28 4 How does the equation for valuing a bond change if semiannual payments are made? Find the value of 37 a 10-year, semiannual payment, 10% coupon bond if nominal r = 13%. 38 36 59 39 N 40 1/YR 41 CPN % 42 FV 43 44 PRICE H 46 47 48 50 10 13% 10% $1,000 Periods per year 2