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The Florida Investment Fund buys 76 bonds of the Gator Corporation through a broker. The bonds pay 10 percent annual interest. The yield to maturity

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The Florida Investment Fund buys 76 bonds of the Gator Corporation through a broker. The bonds pay 10 percent annual interest. The yield to maturity (market rate of interest) is 12 percent. The bonds have a 15-year maturity. Use Appendix 8 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 calculotions and round your answer to 2 decimal places. b. Compute the total value of the 76 bonds Note: Do not round intermediote calculations and round your answer to 2 decimal ploces

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