b) the value of this bond if paid interest semi anually;

please answer both with showing steps in Fin calculator or excel, thank you

answer a 243.94 is incorrect please answer both

(Related to Checkpoint 9.4) (Bond valuation) A bond that matures in 9 years has a $1,000 par value. The annual coupon interest rate is 12 percent and the market's required yield to maturity on a comparable-risk bond is 17 percent. What would be the value of this bond if it paid interest annually? What would be the value of this bond if it paid interest semiannually? a. The value of this bond if it paid interest annually would be $ 243.94. (Round to the nearest cent.)