Previous Page Next Page Page 5 of 10 Question 5 (1 point) Frontier Landscaping owns some equipment that is used in their operations. Management estimates that the equipment will last another three years and will generate the indicated future cash flows at the end of each year. Year 1 cash flow: $4,000; Year 2 cash flow: $6,000; Year 3 cash flow: $7,000. Billow Company has issued a 3% bond that is payable in 5 years and has a face value of $100,000. The risk-adjusted market rate is 4%. Calculate the fair value of the bond. $68,838 $82,193 $95,548 $13,355 f 10