6. Valuing semiannual coupon bonds Bonds often pay a coupon twice a year. For the valuation of bonds that make semianmual payments, the number of periods doables, whereas the amount of cash fow decreases by half, Using the values of cash flows and number of periods, the valuation model is adjusted accordingly. Assume that a 51,000,000 par value, semiannual coupon Us Treasary note with four years to maturity has a coupon rate of 3%. The yield to maturify (YTM) of the bond is 11.00%. Using this information and ignoring the other costs ifvolved, calculate the value of the Treasury note: $634,624.76$746,617.36$470,368.94$895,940.83 based on your calculations and understanding of semiannual coupon bonds, complete the following statement: When valuing a semannual cocipon bond, the tame period variable(N) used to calculate the perce of a bond reflects the number of periods remaining in the bond's life