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help pls Bond vohwation) Flotia Co.'s bonds, maturing in 14 years, pay 9 percent interest on a $1,000 face value. However, interest is paid semlannualy
help pls Bond vohwation) Flotia Co.'s bonds, maturing in 14 years, pay 9 percent interest on a $1,000 face value. However, interest is paid semlannualy if your required rase of rebum is 14 peroent, what in the value of the bond? How would your anwwer change if the interest were paid annually? a. If the interest is paid semiannualy, the value of the bond is in (Round to the noarest cent.) b. If the interest is paid annually, the value of the bond is 5 (Round to the nearest cent)
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