P6-24 (similar to) Question Help Bond valuation-Semiannual interest Find the value of a bond maturing in 9 years, with a $1.000 par value and a coupon interest rate of 11% (5.5% paid semiannually) if the required return on similar-risk bonds is 13% annual interest (6.5% paid semiannually) The present value of the bond is 5 (Round to the nearest cent) Enter your answer in the ansiber box and then click Check Answer. All parts showing Clear All Check