The value of the Enterprise bonds if the interest is paid annually is $ __________

Homework: Chapter 9 Homework Score: 0 of 2 pts 2 of 7 (1 completo HW Score: 6 25%, 1 of 16 pts P9-5 (similar to) Question Help 0 (Bond valuation) Enterprise, Inc. bonds have an annual coupon rate of 12 percent. The rest is paid somiannually and the bonds mature in 9 years. Their par value is $1,000 of the markets required yold to maturity on a comparable-risk bond is 13 percent, what is the value of the bond? What is its value the interest is paid annually? a. The value of the Enterprise bonds if the interest is paid semiannually is $ 947.84 (Round to the nearest cont) b. The value of the Enterprise bonds if the interest is paid annually is stround to the mearest cont)