... What is the appropriate market price of the bond? 1 ,102 .80$$75.40$1,027.40bond of 40.75$)0754(.000,1$ )(000,1$principal of 40.027,1$)274 .10( 100$ )(payments coupon of 30%,9 30%,9 =+= == = == = ... can be computed using PVIFAs 10 Computing the Current Price of A Bond Using PVIFs and PVIFAs A 30-year bond has a par value of $1,000 and an annual coupon rate of 10 percent. The prevailing annualized ... 1 Chapter 8 Bond Valuation and Risk Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. 2 Chapter...