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What is the present value of a 1-year bond with a $1,000 par value, a 4% coupon paid annually, with a 6% discount rate? An

  1. What is the present value of a 1-year bond with a $1,000 par value, a 4% coupon paid annually, with a 6% discount rate?

  • An 8% 6-year semi-annual bond with a $10,000 par value and a 6% discount rate.
  1. Present value of the Income stream
  2. present value of the principal
  3. present value of the bond

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