The Garcia Companys bonds have a face value of $1,000, will mature in 10 years, and carry a coupon rate of 17.5 percent. Assume interest payments are made semiannually. (a) Determine the present value of the bonds cash flows if the required rate of return is 17.5 percent. Answer - The Answer is $ 1000. How would your answer change if the required rate of return is 11.9 percent?