Homework ce a Quiz/Test Homework: Chapt... Question 6. Problem 7-2 ... HW Score: 33.33%, 5 of 15 points Save Part 1 of 2 O Points: 0 of 2 (Bond valuation) Flora Co's bends, maturing in 18 years, pay 5 percent interest on a $1.000 face value. However, interest is paid semarnually. If your required rate of return is 4 percent, what is the value of the bond? How would your answer change it the interest were paid annual? a. If the interest is paid somiannually, the value of the bond is (Round to the nearest cont.)