Bond valuationQuarterly interest Calculate the value of a $500-par-value bond paying quarterly interest at an annual coupon interest rate of 11% and having 12 years until maturity if the required return on similar-risk bonds is currently a 11% annual rate paid quarterly. The present value of the bond is $ (Round to the nearest cent.) Term Structure A 1-year Treasury bill currently offers a 4% rate of return. A 2-year Treasury note offers a 4.5% rate of return. Under the expectations theory, what rate of return do investors expect a 1-year Treasury bill to pay next year? The rate of return investors expect a 1-year Treasury bill to pay next year is places) %. (Round to two decimal Bond valuationSemiannual interest Find the value of a bond maturing in 10 years, with a $1,000 par value and a coupon interest rate of 11% (5.5% paid semiannually) if the required return on similar-risk bonds is 13% annual interest (6.5% paid semiannually). The present value of the bond is $ (Round to the nearest cent.)