Annual Bonds

Type Rating Maturity Face Coupon $($i$)$ Price

Treasury $1$ year $ $1,000\mathrm{.}000\%$ $ $968\mathrm{.}52$

Treasury $5$ year $ $1,000\mathrm{.}004\mathrm{.}25\%$ $ $978\mathrm{.}20$

Treasury $10$ year $ $1,000\mathrm{.}005\mathrm{.}85\%$ $ $1,014\mathrm{.}97$

Treasury $20$ year $ $1,000\mathrm{.}007\mathrm{.}00\%$ $ $1,049\mathrm{.}39$

Corp A $5$ year $ $1,000\mathrm{.}006\mathrm{.}90\%$ $ $1,018\mathrm{.}73$

Corp BBB $10$ year $ $1,000\mathrm{.}007\mathrm{.}75\%$ $ $993\mathrm{.}24$

Corp AA $20$ year $ $1,000\mathrm{.}007\mathrm{.}40\%$ $ $1,005\mathrm{.}16$

What price should you pay for a $10-$year AA Corporate Bond offering annual payments, $$1,000$ Face Value and a Coupon Rate of $6\mathrm{.}10\%?$

$[$show your answer as dollars and cents$]$