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Type Rating Maturity Face Coupon ( i ) Price Treasury 1 year $ 1 , 0 0 0 . 0 0 0 % $ 9

Type Rating Maturity Face Coupon (i) Price
Treasury 1 year $ 1,000.000% $ 968.52
Treasury 5 year $ 1,000.004.25% $ 978.20
Treasury 10 year $ 1,000.005.85% $ 1,014.97
Treasury 20 year $ 1,000.007.00% $ 1,049.39
Corp A 5 year $ 1,000.006.90% $ 1,018.73
Corp BBB 10 year $ 1,000.007.75% $ 993.24
Corp AA 20 year $ 1,000.007.40% $ 1,005.16
What price should you pay for a 5-year BBB Corporate Bond offering annual payments, $1,000 Face Value and a Coupon Rate of 7.10%?
[show your answer as dollars and cents]

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