CROWIU 70 TUU Due Monday by 11pm Points 20 Submitting an external tool Available after Oct 12 at 9am FIN 3351(1)(0) Charlie Garcia & Homework: HW 3 (Ch. 6 & 7 with 5% grade) Salve Score: 0 of 1 pt 1 20 of 20 (14 completo) HW Score: 66.67%, 13.33 of 20 pts Problem 7-15 (similar to) Question Help Bond valuation) Xerox issued bonds that pay $40.00 in interest each year and will mature in 8 years. You are thinking about purchasing the bonds. You have decided that you would need to receive a retum of 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. the interest is paid somiannually, the value of the bond is $(Round to the nearest cent) Enter your answer in the answer box and then click Check Answer cordings Clear All 1 con remaining Deck An erials crials 28 P W O