Questions 23 - 25 refer to the problem below: A corporate bond with a face value of $1,000 matures in 4 years and has an annual interest rate of 6.25%. The current annual market interest rate is 7%. Interest is paid semi - annually. 23. What is the present value of only the coupon payments? O $31.25 O $62.50 $214.81 O $312.50 $875.00 O $1,000 24. What is the present value of only the bond's $1,000 face value payable at maturity? O $62.50 O $145.40 O $312.50 $759.41 O $1,000 Question 25 25. What is the total bond value (same as the current price of the bond)? O $500 $750 $974.22 $1,000 o $1,215 O $1,362