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Problem 3-11 (LG 3-5) Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000,

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Problem 3-11 (LG 3-5) Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000, have 10 years remaining to maturity, and have a required rate of return of 13 percent. a. The bond has a 6.2 percent coupon rate. (Do not round Intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) b. The bond has a 8.2 percent coupon rate. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) c. The bond has a 13 percent coupon rate. (Do not round Intermediate calculations.) Amount a. Fair present value b. Fair present value Fair present value

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