Valuing semiannual coupon bonds Sonds often pay a coupon twice a year. For the valuation of bonds that make semlannual payments, the number of periods doubles, whereas the emount of cash flow decreases by half. Using the values of cash flows and number of periods, the valuation model is adjusted accordingly. Assume that a \$1,000,000 par-value, semiamual coupon US Treasury note with four years to maturity has a coupon rate of J\%. The yield to maturity (rmM) of the bond is 11.00%. Uving this information and ignoring the other costs inwolved, caiculate the value of the Treasury note: $470,360,94$634,624,70$746,617,301899,940,83 The ringe deschoed in this problem is seling at o