{$2000 x [(1/0.025)-1/(0.025(1.025)^6)]}+{$100,000/1.025^6}

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{$2000 x [(1/0.025)-1/(0.025(1.025)^6)]}+{$100,000/1.025^6}

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(2000 (1/0.025 - 1/(0.025 1.025^6))) + (100000/1.025^6)

==$97,245.94 - current market price of the bond.

Guest Jun 17, 2023

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