Question: help with question B please (Bond valuation) Hamilton, Inc. bonds have a coupon rate of 13 percent. The interest is paid semiannually, and the bonds

help with question B please

(Bond valuation) Hamilton, Inc. bonds have a coupon rate of 13 percent. The interest is paid semiannually, and the bonds mature in 7 years. Their par value is $1,000. If your required rate of retum is 16 percent, what is the value of the bond? What is the value if the Interest is paid annually? a. If the interest is paid semiannually, the value of the bond is $ 876 34 (Round to the nearest cent.) b. If the interest is paid annually, the value of the bond is $(Round to the nearest cent.) 1

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