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Question 11 of 15 - 72.5 The Garcia Company's bonds have a face value of $1,000, will mature in 10 years, and carry a coupon rate of 16.8 percent. Assume interest payments are made semiannually. (a) Determine the present value of the bond's cash flows if the required rate of return is 16.8 percent. (Round final answer to nearest dollar amount.) Present value $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answer Question 11 of 15 - 12.5 TII Save for Later Attempts: 0 of 2 used Submit Answer (b). How would your answer change if the required rate of return is 11.2 percent? (Round final answer to nearest dollar amount.) Present value $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answer Question 11 of 15 - 72.5 The Garcia Company's bonds have a face value of $1,000, will mature in 10 years, and carry a coupon rate of 16.8 percent. Assume interest payments are made semiannually. (a) Determine the present value of the bond's cash flows if the required rate of return is 16.8 percent. (Round final answer to nearest dollar amount.) Present value $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answer Question 11 of 15 - 12.5 TII Save for Later Attempts: 0 of 2 used Submit Answer (b). How would your answer change if the required rate of return is 11.2 percent? (Round final answer to nearest dollar amount.) Present value $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit

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