(Bond valuation) Hamilton, Inc. bonds have a coupon rate of 15 percent. The interest is paid semiannually, and the bonds mature in 11 years. Their par value is $1000. 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? Question content area bottom Part 1 a. If the interest is paid semiannually, the value of the bond is $ enter your response here. (Round to the nearest cent.) Part 2 b. If the interest is paid annually, the value of the bond is $ enter your response here. (Round to the nearest cent.)