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On August 1, 2011, Bonnie purchased $12,500 of Huber Co.'s 14%, 15-year bonds at face value. Huber Co. has paid the semiannual nterest due on

On August 1, 2011, Bonnie purchased $12,500 of Huber Co.'s 14%, 15-year bonds at face value. Huber Co. has paid the semiannual nterest due on the bonds regularly On August 1, 2019, market rates of interest had fallen to 12%, and Bonnie is considering selling the ponds. Use the present value tables (Table 6-4 and Table 6-5) (Round your PV factors to 4 decimal places.) Required: Calculate the market value of Bonnie's bonds on August 1, 2019. (Round your answer to 2 decimal places.) Market value

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