11b. Compounded monthly? N 36 0.42% -US$100 US$0 PV PMT FV = 12a. What's the present value of $100 due in 3 years if the appropriate interest rate is 6%, compounded annually? N T PMT 6% US$0 US$100 PV = 12b. Compounded monthly? N 36 0.5% US$0 US$100 PMT FV PV = 13. A bond that matures in 10 years has a par value of $1,000, an annual coupon payment of $60; its market interest rate is 9%. What is its price? 10 Years to maturity Annual payment Par value Going rate, rd US$60 US$1,000 9% Value of bond =