a. Calculate the value of an El Rancho Western Wear Inc. twelve-year bond. The bond has an 8% coupon rate, and bondholders are currently requiring an 11% return (per year) if they were to invest in this bond. Coupons are annual Face value is $1000 [Sidenote: If for any given bond-pricing or yield-to-maturity problem in this course, face value is not explicitly stated, assume $1000.] Answer to part a: [Round your answer to the nearest cent.] b. Re-do part a but with semi-annual coupons. Answer: $[Round your answer to the nearest cent] gd.