Chapter 15 Saved 17 Year 1 2 10 points 3 1 Year Forward Rate 4.5% 5.2% 5.9% 6.3% 6.8% 7.0% 4 5 eBook 6 Calculate the price at the beginning of year 1 of a 10% annual coupon bond with face value $1,000 and 5 years to maturity. Chapter 15 Saved 17 Year 1 2 10 points 3 1 Year Forward Rate 4.5% 5.2% 5.9% 6.3% 6.8% 7.0% 4 5 eBook 6 Calculate the price at the beginning of year 1 of a 10% annual coupon bond with face value $1,000 and 5 years to maturity