E-SHIELD Enterprise bonds have a 9% annual coupon rate. The interest is paid semiannually and the bonds mature in 8 years. Their par value is $1,000. If the market's yield to maturity is 8%, what is...

E-SHIELD Enterprise bonds have a 9% annual coupon rate. The interest is paid semiannually and the bonds mature in 8 years. Their par value is $1,000. If the market's yield to maturity is 8%, what is the value of the bond if paid in semiannual basis? Find the yield to maturity of ABC Enterprise when interest is paid in semiannual.