In: Finance
Calculate the value of each of the bonds shown in the following table, all of which pay interest semiannually.
Bond   Par Value   Coupon interest
rate   Year to maturity   Required stated
annual return
A   500   7%   8   9%
B   1,000   12   20  
14
C   500   16   5   13
The value of bond A is
The value of bond B is
The value of bond C is