The price of a bond will be determined for any given interest rate, duration and face amount at maturity.

The price of a bond will be determined for any given interest rate, duration and face amount at maturity.

Provide examples.

You'll need an annuity like sum for the interest payments and then discount the principle payment. Add the two and you've priced your bond. You could use a financial calculator or excel's bond functions if you're doing more than one.

an example:

In September 2009, I bought a government bond which will mature in August 2013 and pay an annual coupon rate of 6 percent. The bond, which has a face value of 1,000 and pays interest every six months, offers a yield of 4 percent a year.

What was the price of bond that I bought in September 2009?