Compute the value of flower valley company bonds, Financial Accounting

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Compute the value of flower valley company bonds

Problem

Flower Valley Company bonds have a 13.95 percent coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 15 years from now. Compute the value of Flower Valley Company bonds if investors' required rate of return is 10.26 percent.

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Financial Accounting: Compute the value of flower valley company bonds

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Financial Accounting: Compute the value of flower valley company bonds

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