Hi every one, I have this problem to solve at my work. I am not sure it belongs here or not. Bond Valuation-Semiannual interest Find the value of a bond maturing in 12 years with a $1,000 par value and a coupon interest rate of 12% (6.0% paid semiannually) if the required return on similiar risk bonds is 17% interest (8.50% paid semiannually). What is the present value of the bond? How do I do this and also can any one point me to any web sites that may be helpful in learning and doing these types of problems. Thank you, Gamma.