Perform the indicated operations and simplify. 
Definitions:
Par Value
The nominal or face value assigned to a security by the issuer, which may differ from its market value.
Semiannual Coupon
A bond or other fixed-income security that pays interest to the holder every six months.
Interest Rate
The price, in terms of a percentage of the principal, that a borrower needs to pay a lender to utilize their financial resources.
Bond's Price
The market price for which a bond is bought or sold, influenced by factors like interest rates, the bond's credit quality, and its maturity date.
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