P6-26 (similar to) Question Help Bond valuation Quarterly interest Calculate the value of a $500-par-value bond paying quarterly interest at an annual coupon interest rate of 14% and having 14 years until maturity if the required return on similar-risk bonds is currently a 11% annual rate paid quarterly The present value of the bond is 5 (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer All parts showing Clear All Check