Bonds often pay a coupon twice a year. For tha valuation of bonds that make semiannual payments, the number of periods doublos, whereas the amount of cash flow decreases by half. Using the values of cash flows and number of periods, the valuation model is adjusted accordingly. Assume that a $1,000,000 par value, sem tannual coupon Us Treasury note with four years to maturity has a coupon rate of 3 to. The yieid to maturity (RTM) of the bond is 11.0006 . Using this information and ignoring the other costs involved, calculate the value of the Treasury note: $634,624.76$995,940.83$746,617,36$470,368,94 Based on your calculabions and understanding of semiannusi coupon bonds, complete the following statement: When valuing a semiancual coupon bond, the time period variabie(N) used to calculate the price of a bond reflects the mumber of penods remaining in the bond's life