Annual Payments
Inputs
Number of Periods to Maturity (T)
8
Face Value (PAR)
$1,000.00
Discount Rate / Period ( r )
9.00%
Coupon Payment (PMT)
$25
1
$25.00
22.93578
$640.24
$640.24
$640.24
2
3
4
5
$25.00
$25.00
$25.00
$25.00
21.042 19.30459 17.71063 16.24828
6
7
8
$25.00
$25.00 $1,025.00
14.90668 13.67586 514.4129