Bonds often pay a coupon twice a year. For the valuation of bonds that make semiannual payments, the number of periods doubles, whereas $923,278.49 $484,721.21$653,988.93$769,398.74 Based on your calculations and understanding of semiannual coupon bonds, complete the following statement: When valuing a semiannual coupon bond, the time period variable( N ) used to calculate the price of a bond reflects the number of periods remaining in the bond's life