+1.10-11 12.1 13. 114 115 . 3. Sun Co's bends, maturing in 7 years, pay 4 persent interest on a $1000 par value. Interest is paid annually. If your required rate of retuco (market interest rate) is %6, what is the value of the bond? What happens if market interest rate rises? Explain the reason 4. Prepare the statement of cash flow for the year of 2010. Jones Company Financial Information December 2009 December 2010 Net Income Accounts receivable Accumulated depreciation Common stock Paid-in capital Retained earnings Accounts payable $2,000 750 1,000 4,500 7,500 1,500 750 $4,000 950 1,500 5000 8500 3,500 750 Good Luck