(Bond valuation) Hamilton, Inc. bonds have a coupon rate of 14 percent. The interest is paid semiannually, and the bonds mature in 11 years. Their par value is $1,000. If your required rate of return is 11 percent, what is the value of the bond? what is the value if the interest is paid annually?

A. if the interst is paid semiannually, the value of the bond is $ .