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    Market Interest, Bond Worth, and Market Rate

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    Instructions: Assume a government bond has a face value of $1,000, a coupon of 6 percent, semiannual payments of interest, and a five-year maturity. If the market interest rate for such a bond is 5 percent, how much is the bond worth? How much is it worth at a market rate of 8 percent?

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    https://brainmass.com/business/the-role-of-government-and-regulation/market-interest-bond-worth-market-rate-171372

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    This solution provides calculations in Excel for bond worth.

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