Save Homework: HW_CH7 Score: 0 of 2 pts 1 of 10 (8 complete) HW Score: 75.26%, 27.1 of 36 pts Problem 7-2 (similar to) (Bond valuation) Flora Co.'s bonds, maturing in 9 years, pay 12 percent interest on a $1,000 face value. However, interest is paid semiannually. W your required rate of retum is 14 percent, what is the value of the bond? How would your answer change if the interest were paid annually? a. If the interest is paid semiannually, the value of the bond is $. (Round to the nearest cont.)