d. What observations can you make about these results? compounded semiannually? 7-14. (Bond valuation) Assume that Barclays Plc issued coupon bonds with fixed coupon rate 5 percent redeemed at par (E100) in 5 years. What is the price of Barclays bonds if the market interest rate is 5 percent? What is the bond price if the market interest rate increases by 100 basis points? 7-15. (Bond valuation) Xerox issued bonds that pay $67.50 in interest each year and will mature in 5 years. You are thinking about purchasing the bonds. You have decided that you would need to receive a 5 percent return on your investment. What is the value of the bond to your first assuming that the interest is paid annually and then semiannually