(Pond valuation) Xorox issuod bonds that pay $40.00 in inserest each year and will mature in 10 yoarti. You are thinking about purchasing the bondin You have decided that you would need to receive a retum of 3 percent on your irvestrent. What is tha value of the bond to you, first assuming that the interest is paid annially and then siemiantiually? a. If the interest is paid semiannually, the value of the bond is 1 (Fkound to the nearest cent.) b. If the interest is paid annually, the value of the bond is s (Round to the nearest cent)