1. Herber Company has issued 14% $1,000 par value bonds with quarterly compounding and 12 years remaining to its maturity date. Bonds of similar risk are currently selling at a rate of 14 percent .You...

1. Herber Company has issued 14% $1,000 par value bonds with quarterly compounding and 12 years remaining to its maturity date. Bonds of similar risk are currently selling at a rate of 14 percent .You are planning to buy 10 bonds with $10,000.Can you make it ?