Dr Nick

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    Kaplan University
    Apr-2009 - Mar-2014

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    University of Santo Tomas
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Category > Business & Finance Posted 15 Jul 2017 My Price 10.00

the answer to two decimal places.

Homework #4C (Value of the Bond Semi-Annually)

Finance

Question 3 (1 point)

 

Flower Valley Company bonds have a 9.16 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 8.65 percent.

Round the answer to two decimal places.

 

Answers

Dr Nick
(3)
Status NEW Posted 15 Jul 2017 03:07 PM My Price 10.00

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