Compute the value of flower valley company bonds

Reference no: EM133633167

Question: Flower Valley Company bonds have a 14.75 percent coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 3 years from now. Compute the value of Flower Valley Company bonds if investors' required rate of return is 8.61 percent.

Reference no: EM133633167

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