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Svetlana purchased a $10,000 bond with a coupon rate of 7% compounded semi-annually that was redeemable on May 1, 2028. She purchased the bond on

Svetlana purchased a $10,000 bond with a coupon rate of 7% compounded semi-annually that was redeemable on May 1, 2028. She purchased the bond on September 7, 2019 when the yield rate was 6% compounded semi-annually. What was the purchase price of the bond?

Purchase Date: Redemption Date: Interest Date immediately BEFORE purchase date:

Interest Date immediately AFTER purchase date:

PMT Setting
N
I/Y
P/Y
C/Y
PV
PMT
FV

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