2018 MTAP Session 5 g11
2018 MTAP Session 5 g11
II. Complete the table given that the coupon rate is payable semiannually.
Face Value Coupon Rate Time to Maturity Semi-Annual Market Rate Fair Price of
Coupon the Bond
P30000 3% 15 years 2%
P72000 6% 12 years 5%
4% 10 years P2000 3%
4% 10 years P1000 3%
P25000 6 years P625 3%
P80000 8 years P1440 3%