Price of 8%, 10-yr. with yield at 6% Pn=40×∑ +1000× (1.03) (1.03 20 Pn=114877 票息 coupon=4%*1,000=40 Semiannual) 利率 Discount rate=3%( Semiannual 期限 Maturit!y=10 years or20 periods 面值 Par Value=1,000 14-914-9 Price of 8%, 10-yr. with yield at 6% 1,148.77 (1.03) 1 1000 (1.03) 1 40 2 0 2 0 1 = =  +  = P P B t B t 票息Coupon = 4%*1,000 = 40 (Semiannual) 利率Discount Rate = 3% (Semiannual) 期限Maturity = 10 years or 20 periods 面值Par Value = 1,000