Homework: Chapter 6 Homework Save Score: 0 of 1 pt 4 of 4 (3 complete) HW Score: 27.5%, 1.1 of 4 pt P6-24 (similar to) Question Help Bond valuationSemiannual interest Find the value of a bond maturing in 9 years, with a $1,000 par value and a coupon interest rate of 14% (7% paid semiannually) if the required return on similar-risk bonds is 14% annual interest (7% paid semiannually). The present value of the bond is $1000|| (Round to the nearest cent.) LABIALI