Using semiannual compounding, find the prices of the following bonds: a. A 10.6%, 15-year bond priced to yield 9.4% b. A6%, 10-year bond priced to yield 72% C. A 11.5%, 20-year bond priced at 10.3% Repeat the problem using annual compounding. Then comment on the differences you found in the prices of the bonds. a1. Using semiannual compounding, the price of the bond is $. (Round to the nearest cent.) 11. Using semiannual compounding the price of the bond is $(Round to the nearest cent.) c1. Using semiannual compounding, the price of the bond is $ (Round to the nearest cent.) 12. Using annual compounding the price of the bond in (Round to the nearest cent.) b2. Using annual compounding, the price of the bond is $(Round to the nearest cent.) c2. Using annual compounding the price of the bond is $)(Round to the nearest cent) Comment on the differences you found in the prices of the bonds. (Select the best answer below.) Bonds selling at a premium sell at higher prices when the interest is compounded semiannually as opposed to annually. Accordingly, bonds seling at a discount sell at higher prices when the interest is compounded annually as opposed to semiannually Bonds selling at a premium sell at lower prices when the interest is compounded semiannually as opposed to annually. Accordingly, bonds selling at a discount sell at lower prices when the interest is compounded annually as opposed to semiannually