Calculate the purchase price of the $1000 face value of the bond. (Assume that bond interest is paid semiannually, that the bond was originally issued at its face value, that the bond is redeemed for its face value at maturity and that the market rate of return is compounded semiannually.)

Issue Date	Maturity Date	Purchase Date	Coupon Rate	Market Rate
March 15, 2002	March 15, 2027	October 5, 2008	5.5%	6.0%

MATCH the inputs on the left with the corresponding value on the right to calculate the PV of the remaining interest payments.

Question 22 options:

1234567	FV
1234567	I/Y
1234567	N
1234567	PMT
1234567	C/Y
1234567	P/Y

1.	0
2.	37
3.	13
4.	27.50
5.	30
6.	6
7.	2

Calculate the purchase price of the $1000 face value of the bond. (Assume that bond interest is paid semiannually, that the bond was originally issued at its face value, that the bond is redeemed for its face value at maturity and that the market rate of return is compounded semiannually.)

Issue Date	Maturity Date	Purchase Date	Coupon Rate	Market Rate
March 15, 2002	March 15, 2027	October 5, 2008	5.5%	6.0%

MATCH the inputs on the left with the corresponding value on the right to calculate the PV of the remaining interest payments.

Question 22 options:

1234567	FV
1234567	I/Y
1234567	N
1234567	PMT
1234567	C/Y
1234567	P/Y

1.	0
2.	37
3.	13
4.	27.50
5.	30
6.	6
7.	2