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Find the value of flower valley company bonds

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Reference no: EM132990685

Problem 1: Flower Valley Company bonds have a 7.14 percent coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 24 years from now. Find the value of Flower Valley Company bonds if investors' required rate of return is 8.05 percent.

Reference no: EM132990685

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