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Twin Oaks health center has a bond issue outstaqnding with a coupon rate of 7 percent and four years remaining unitl maturity. The par value of the bond is $1,000 and the bond pays interest annually, What is the current vaule if market allows a 14% Required rate of return? b. Now, suppose Twin Oaks’ four-year bond had semiannual coupon payments. What would be its current value? (Assume a 7 percent semiannual required rate of return. However, the actual rate would be slightly less than 7 percent because a semiannual coupon bond in slightly less risky than an annual coupon bond.)