4,005, 206,007,008,009,010,011,012,013,014:Princ of Financial Mgmtng Kim & I 11/20/20 11:28 PM Homework: Finance Homework 2 Score: 0 of 7 pts 12 of 13 (5 complete) HW Score: 38.46%, 35 of 91 pts P6-24 (similar to) Question Help Bond valuation Semiannual interest Find the value of a bond maturing in 12 years, with a $1.000 par value and a coupon interest rate of 11 (5.5% paid semiannually) if the required return on similar-risk bonds is 14% annual interest (7% paid semiannually). The present value of the bond is $. (Round to the nearest cent) Enter your answer in the answer box and then click check Answer All parts showing