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Question 7 2.5 pts Consider a bond with semi-annual coupon rate (cr) of 7 percent. The par value is $1,000, and the bond has 7

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Question 7 2.5 pts Consider a bond with semi-annual coupon rate (cr) of 7 percent. The par value is $1,000, and the bond has 7 years to maturity. The current market discount rate is 11%. What is the value of the bond? 727.38 O 686.97 O 808.2 O 767.79 O 889.02 Question 8 25 nts

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