A 1000 face value diamond jims corporation bond matures 1


A $1,000 face value Diamond Jim's Corporation bond matures 1 July 2016.

It has a 6.8000% coupon rate and pays coupons semiannually. Its YTM as of 22 Apr 2014 was 6.1200%.

What was this bond's FMV as of 22 Apr 2014?

(Do not use the Bond Worksheet on your calculator. Show all calculator inputs; work in at least 4 decimal places)

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Financial Management: A 1000 face value diamond jims corporation bond matures 1
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