4-9 Bond pricing Example(continued) What is the price of the bond if the required rate of return is 5.6%o AND the coupons are paid semi 30 30 30 1.030 Py ..+ (1.028)(1.028) (1.028)3(1.028)° PV=$1010.91 Irwin/McGraw-Hill CThe McGraw-Hill Commpanies, Inc, 2001©The McGraw-Hill Companies, Inc.,2001 4- 9 Irwin/McGraw-Hill Bond Pricing Example (continued) What is the price of the bond if the required rate of return is 5.6% AND the coupons are paid semi￾annually? $1,010.91 (1.028) 1,030 (1.028) 30 ... (1.028) 30 (1.028) 30 1 2 5 6 = = + + + + PV PV