Next, enter the number of years before the bond matures into the "N" cell of the following financial calculator table. Remember that the going rate of interest is what determines the market price of a bond. Therefore, this is the value tha into your financial calculator. Enter the market interest rate into the "I/Y" cell of the following financial calculator table. Using a financial calculator, compute the present value of the cash flows this asset is expected to produce. Enter this valu the following table. Note: Make sure your calculator is set to END mode. Input $1,000 Keystroke N I/Y Output PV PMT FV The absolute value of the present value your calculator computed is the market price of the bond. the par value, your friend purchased a bond.