(Bond valuation) Xerox issued bonds that pay $72.50 in interest each year and will mature in 9 years. You are thinking about purchasing the bonds. You have decided that you would need to receive a return of 8 percent on your investment. What is the value of the bond to you, first assuming that the interest is paid annually and then semiannually? a. If the interest is paid semiannually, the value of the bond is $ (Round to the nearest cent.) (Bondholders' expected rate of return) Sakara Co. bonds are selling in the market for $900. These 13-year bonds pay 14 percent interest annually on a $1,000 par value. If they are purchased at the market price, what is the expected rate of return? The bond's expected rate of return is %. (Round to two decimal places.)