Bond price Bond price PROBLEMS 1. Given a 10-year bond that sold for $1,000 with a 13 percent coupon rate, what would be the price of the bond if interest rates in the marketplace on similar bonds are now 10 percent? Interest is paid semiannually. Assume a 10-year time period. 2. Given a 15-year bond that sold for $1,000 with a 9 percent coupon rate, what would be the price of the bond if interest rates in the marketplace on similar bonds are now 12 percent? Interest is paid semiannually. Assume a 15-year time period. 3. Given the facts in problem 2, what would be the price if interest rates go down to 8 percent? (Once again, do a semiannual analysis.) dotorming the price of a Bond price 1