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Margin Accounts Essay Preview: Margin Accounts Report this essay ADMS 3541 Summer 2015Section BAssignment #2Chao Li 213241716Xin Wu 212076980Pai Wang 212509618Yixuan Liu 212463295Junyi Song 212552774Question 1Part AFace value 15,000Coupon rate 12%Current price 17,000Maturity 10 years17,000= 1800[1/k -1/k (1+k) ^10] + 15,000[1/ (1+k) ^10]We can solve k by using calculator.-17,000 PV10 N1800 PMT15000 FVI/Y Answer = 9.84%bonds.