Calculate the price of a newly issued **ten** year bond with a face value of $**100**, a yield of **8**% pa and a fixed coupon rate of **6**% pa, paid **semi**-annually. So there are two coupons per year, paid in arrears every six months.

Scores | |

keithphw | $5,571.61 |

an4_bolt | $4,066.43 |

Visitor | $800.00 |

Visitor | $630.00 |

Visitor | $490.00 |

tomtomtom | $453.98 |

Visitor | $410.00 |

Visitor | $360.00 |

Visitor | $340.00 |

Visitor | $281.54 |

Jayt | $280.00 |

Visitor | $260.00 |

Visitor | $250.00 |

Visitor | $230.00 |

Visitor | $230.00 |

Visitor | $230.00 |

Visitor | $220.00 |

Visitor | $210.00 |

Visitor | $210.00 |

Visitor | $190.00 |

**ten** year bond with a face value of $**100**, a yield of **8**% pa and a fixed coupon rate of **6**% pa, paid **semi**-annually. So there are two coupons per year, paid in arrears every six months.

Copyright © 2014 Keith Woodward