i will like

(Rolated to Checkpoint 9.4) (Bond valuation) A bond that matures in 16 years has a $1,000 par value. The anrual coupon interest rate is 12 percent and the marker's required yiely to maturity on a comparable-fisk bond is 17 percent. What would be the value of this bond if it poid interest annually? What would be the valve of this bond if it paid interest somiarnualy? a. The vabue of this bond it it paid interest annually would bet (Round to the noarest cent)