Question: ded Homework Help Seve BE Chec On August 1, 2011, Bonnie purchased $7,000 of Huber Co.'s 18% 16-year bonds at face value: Huber Co. has

ded Homework Help Seve BE Chec On August 1, 2011, Bonnie purchased $7,000 of Huber Co.'s 18% 16-year bonds at face value: Huber Co. has paid the semiannual interest due on the bonds regularly. On August 1, 2019, market rates of interest had fallen to 16%, and Bonnie is considering selling the bonds. Use the present value tables Table 64 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) Marlow value

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