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Bond valuation Years to maturity Par value of bond Coupon rate Frequency interest paid per year Effective annual rate 15 $1,000.00 10.00% 2 8.47% Calculation

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Bond valuation Years to maturity Par value of bond Coupon rate Frequency interest paid per year Effective annual rate 15 $1,000.00 10.00% 2 8.47% Calculation of periodic rate: Nominal annual rate Periodic rate Formulas #N/A #N/A Formulas #N/A 0.00% Calculation of bond price: Number of periods Interest rate per period Coupon payment per period Par value of bond Price of bond #N/A $1,000.00 #N/A

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