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How do I figure out issue price of a bond?


Here's the deal:

A bond with one year to maturity, face value of $1,000 and coupon rate of 10% paid annually, is issued at 5% and 20%. How do I figure out what the issue price is?

Thanks!

Here's the deal:

A bond with one year to maturity, face value of $1,000 and coupon rate of 10% paid annually, is issued at 5% and 20%. How do I figure out what the issue price is?

Need to know how to calculate manually, not using an online tool. Thanks!

Discount the 1100 fv at 5 % then 20 % will give u the issue price

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