Question: Problem 7-2 (similar to) Question Help Bond valuation) Flora Co's bonds, maturing in 5 years, pay 13 percent nterest on a $1,000 face value. However,

 Problem 7-2 (similar to) Question Help Bond valuation) Flora Co's bonds,

Problem 7-2 (similar to) Question Help Bond valuation) Flora Co's bonds, maturing in 5 years, pay 13 percent nterest on a $1,000 face value. However, interest is paid semiannually. Wyour required rate of retum is 4 percent, what is the value of the bond? How would you answer changed the interest were paid annually a. If the interest is paid semiannually the value of the bond is fund to the nearest cant)

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