Martin Luther King Jr. was born at noon Tuesday, January 15, 1929, at the family home, 501 Auburn Avenue, N.E., Atlanta, Georgia. Dr. Charles Johnson was the attending physician. Martin Luther King Jr., was the first son and second child born to the Reverend Martin Luther King, Sr., and Alberta Williams King.
Example â Calculating the Purchase Price for a Bond with Accrued Interest. You purchase a corporate bond with a settlement date on September 15 with a face value of $1,000 and a nominal yield of 8%, that has a listed price of 100-08, and that pays interest semi-annually on February 15 and August 15.
In effect, youâd have entered into an agreement today to buy a 5-year bond 5 years from now. The interest rate on that future bond is something you could calculate today from the current 5-year and 10-year yields to maturity, and is known as the 5-year, 5-year forward rate.n effect, youâd have entered into an agreement today to buy a 5-year bond 5 years from now. The interest rate on that future bond is something you could calculate today from the current 5-year and 10-year yields to maturity, and is known as the 5-year, 5-year forward rate.