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

Bond valuationSemiannual interest

Calculate 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

A

$500

11

%

8

9

%

B

500

12

20

13

C

500

13

5

16

What is the value of bond A? (Round to the nearest cent.)

What is the value of bond B? (Round to the nearest cent.)

What is the value of bond C? (Round to the nearest cent.)

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