Hodson Corp purchased fifteen S1,000 4% bonds of Voltgo Corporation when the market rate of interest was 12% Interest is paid semiannually, and the bonds will mature in seven years Uning the PV function in Excel. compute the price Hodson pad (the present value) for the bond investment. (Assume that all payments of interest and principal occur at the end of the period. Round your answer to the nearest cent) Hodson paid SI on the bood investment