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(Bond valuation) Flora Co.'s bonds, maturing in 14 years, pay 8 percent interest on a $1,000 face value. However, interest is paid semiannually If your

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(Bond valuation) Flora Co.'s bonds, maturing in 14 years, pay 8 percent interest on a $1,000 face value. However, interest is paid semiannually If your required rate of return is 12 percent, what is the value of the bond? How would your answer change if the interest were paid annually? a. If the interest is paid semiannually, the value of the bond is S (Round to the nearest cent) Nill

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