标题: Bond selling price [打印本页] 作者: w1977 时间: 2011-7-13 16:43 标题: Bond selling price
A $100,000 face value, 10 % bond (5 year bond), make semi annual interest payments . The bond yields an effective interest rate of 8%.What is the selling price of the bond? Then answer is 108,111 (selling at premimum). How is this calulated.