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Bond valuation-Semiannual interest. Find the value of a bend maturing in 4 years, with a $1,000 par value and a coupon interest rate of 11$,

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Bond valuation-Semiannual interest. Find the value of a bend maturing in 4 years, with a $1,000 par value and a coupon interest rate of 11$, 5.5$ poid semiarnually) if the requined rutum on similar-risk bonds is 14% arnual interest. The present value of the bond is s (Round to the neavest cent.)

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