Danny purchased a $10,000$ face value Ontario Hydro energy bond maturing in five years the coupon rate was $6\mathrm{.}9\%$ payable semi annually if the prevailing market rate at the time of purchase was $6\mathrm{.}2\%$ compounded semi annually what price did Dennis pay for the bond we need to assume like born trust is paid semi annually the bond was originally issued at its face value bond redeemed at their face value at maturity market rates of return our compounded semi annually we need to find the compound payment and the bond price