Compute the value of flower valley company bonds

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Reference no: EM131822382

Flower Valley Company bonds have a 10.73 percent coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 18 years from now. Compute the value of Flower Valley Company bonds if investors’ required rate of return is 11.00 percent.

Reference no: EM131822382

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