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Bond valuationlong dashSemiannual interestCalculate the value of each of the bonds shown in the following table, all of which pay interest semiannually.(Click on the icon

Bond valuationlong dashSemiannual interestCalculate the value of each of the bonds shown in the following table, all of which pay interest semiannually.(Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)

Bond

Par Value

Coupon

interest rate

Years to

maturity

Required stated

annual return

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A

$500

9%

8

7%

B

1,000

12

15

12

C

100

15

5

16

The value of bond A is $. (Round to the nearest cent.)

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