Annual Coupon Rate 5.000%

Maturity Date:4/15/2020

Assume interest rates for bonds today is 5% for a AAA rated bond.Calculate the price of the bond you have selected relative to the 5%

Coupon payments:Semiannually Par Value:$1000.00

Annual Rate 5.0Semiannually:2.50% Payment semiannual payment:$25.00 (2.50% *1000)

What is the number of periods annual and semiannual?

Using the formula

PV0 = (coupon) (1- [1/(1 + r) m])r + par value (1 + r)m

What is the bond price?