For example, in the case of animals larger than a raccoon (such as a dead deer), state laws requires the carcass to be disposed of in a pit at least 3.5 feet deep, on private property, and not adjacent to any standing water.
A bond price is the price at which you can buy or sell a bond. The most usual way of expressing these prices is to use the current price as a percentage or the nominal price of the bond.
The present value of the face value (i.e. the maturity value) is calculated as follows: Therefore, the price of a bond is given by the following formula: Example 1: Bond with annual coupon payments. Company A has issued a bond having face value of $100,000 carrying annual coupon rate of 8% and maturing in 10 years. The market interest rate is 10%. The price of the bond is calculated as the present value of all future cash flows: Example 2: Bond with semiannual coupon payments. Company S has issued a bond having face value of $100,000 carrying coupon rate of 9% to be paid semiannually and maturing in 10 years.