Bond valuation-Semiannual interest Find the value of a bond maturing in 12 years, with a $1,000 par value and a coupon interest rate of 13% ( 6.5% paid semiannually) if the required return on similar-fisk bonds is 15% annual interest ( 7.5% paid semiannualiy). The present value of the bond is $ (Round to the nearest cent.)