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The Florida Investment Fund buys 56 bonds of the Gator Corporation through a broker. The bonds pay 9 percent annual interest. yield to maturity (market

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The Florida Investment Fund buys 56 bonds of the Gator Corporation through a broker. The bonds pay 9 percent annual interest. yield to maturity (market rate of interest) is 12 percent. The bonds have a 20 -year maturity. Use Aprendix. B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. Using an assumption of semiannual interest payments. a. Compute the price of a bond. Note: Do not round intermediate calculations and round your answer to 2 decimal ploces. b. Compute the total value of the 56 bonds. Note: Do not round intermediate calculations and round your answer to 2 decimal places

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