[ 74% to sun 7:13 PM istory You Own A x-e You Own A 20-year. $1,000 P , e Find The Value Of A Bond Maix x $1,000 p ture.com/courses/10510/assignments/189995 311) Assignments FINA 3311 Hw#7-Chapter 7 > FINA 3311 HW#7-Chapter 7 FINA 3311 FALL 2018 Landon Moore Homework: FINA 3311 HW#7-Chapter 7 Score: 0 of 2 pts | 1 of 13 (11 complete) HW Score: 66.67%, 10 of 15 pts Problem 7-2 (similar to) Question Help * (Bond rate of return is 14 percent, what is the value of the bond? How would your answer change if the interest were paid annually? ) Flora Co.'s bonds, maturing in 9 years, pay 5 percent interest on a $1.000 face value. However, interest is paid semiannually. If your required a. If the interest is paid semiannually, the value of the bond is $(Round to the nearest cent.) in the answer box and then click Check Answer Clear All Course Chat