Bond valuation Semiannual Interest Find the value of a bond maturing in 6 years, with a $1,000 pa value and a coupon interest rate of 8% (4% paid semiannually) if the required return on similar-risk bonds is 15% annual interest (7.5% paid semiannually). The present value of the bond is $ (Round to the nearest cent.) Enter your answer in the answer box esc 00