Homework: 7-1 MyFinanceLab Assignment Save Score: 0 of 4 pts 3 of 12 (2 completel HW Score: 0%, 0 of 50 pts P9-4 (similar to) Question Help (Related to Checkpoint 9.4) (Bond valuation) A bond that matures in 16 years has a $1,000 par value. The annual coupon interest rate is 15 percent and the market's required yield to maturity on a comparable-risk bond is 18 percent. What would be the value of this band if t paid interest annually? What would be the value of this tond if it paid interest semiannually? a. The value of this bond if it paid interest annually would be $(Round to the nearest cent Enter your answer in the answer box and then click Check Answer 1 part remaining Clear All