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(Bond valuation) Hamilton, Inc bonds have a coupon rate of 14 percent. The Interest is paid semiannually, and the bonds mature in 14 years. Their

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(Bond valuation) Hamilton, Inc bonds have a coupon rate of 14 percent. The Interest is paid semiannually, and the bonds mature in 14 years. Their par value is $1,000. If your required rate of retum is 15 percent, what is the value of the bond? What is the value of the interest has paid annually? a. If the interest is paid semiannually, the value of the bond is $131.19 (Round to the nearest cent)

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