Planning #6 (similar to): Bond Valuation Question Help Bond Valuation. Mia wants to invest in Treasury bonds that have a par value of $20,000 and a coupon rate of 3.8%. The bonds have a 10-year maturity, and Mia requires a 3% return. How much should Mia pay for her bonds, assuming interest is paid annually? The amount Mia should pay for the bonds is $ (Round to the nearest cent.)