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Bond valuation Semiannual interest Find the value of a bond maturing in 5 years, with a $1,000 par value and a coupon interest rate of

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Bond valuation Semiannual interest Find the value of a bond maturing in 5 years, with a $1,000 par value and a coupon interest rate of 13% (6 5% pad semiannually) if the required return on samlar-nsk bonds is 1 4% annual interest (7% paid semiannually). The present value of the bond is s(Round to the nearest cent)

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