Assume that your selected company issued a new 10-year bond for $300,000 on October 1, 2021, that will mature on October 1, 2031. The future value of this bond is therefore $300,000. The bond was issued at the current market rate of 5.0% fixed for 10 years, with interest payments made semi-annually. What is the present value of this bond using the three scenarios in Part II: Bond Issuance?

1. The present value of the bond at issuance
2. The present value of the bond if overall rates in the market increased by 2% annually
3. The present value of the bond if overall rates in the market decreased by 2% annually
4. The present value of the bond if overall rates in the market remained the same as at issuance

Present Value	PV	$ -
Periods	N		Number of semi-annual payments made over 10 years
Interest	I	%	Annual interest rate at issuance paid semi-annually
Payments	PMT	$ -	This bond makes regular semi-annual payments of interest (in dollars)
Future Value	FV	$ -	Future value in 10 years—enter as a positive number (Always the Future or Face Value of the Bond)