The ac Josephson effect in a ferromagnetic Josephson junction, which is composed of two superconductors separated by a ferromagnetic metal (FM), is studied by a tunneling Hamiltonian and Greens function method. We obtain two types of superconducting phase dependent current, i.e., Josephson current and quasiparticle-pair-interference current (QPIC). These currents change their signs with thickness of the FM layer due to the 0-$pi$ transition characteristic to the ferromagnetic Josephson junction. As a function of applied voltage, the Josephson critical current shows a logarithmic divergence called the Riedel peak at the gap voltage, while the QPIC shows a discontinuous jump. The Riedel peak reverses due to the 0-$pi$ transition and disappears near the 0-$pi$ transition point. The discontinuous jump in the QPIC also represents similar behaviors to the Riedel peak. These results are in contrast to the conventional ones.