Martin Luther King Jr. was born at noon Tuesday, January 15, 1929, at the family home, 501 Auburn Avenue, N.E., Atlanta, Georgia. Dr. Charles Johnson was the attending physician. Martin Luther King Jr., was the first son and second child born to the Reverend Martin Luther King, Sr., and Alberta Williams King.
Example â Calculating the Purchase Price for a Bond with Accrued Interest. You purchase a corporate bond with a settlement date on September 15 with a face value of $1,000 and a nominal yield of 8%, that has a listed price of 100-08, and that pays interest semi-annually on February 15 and August 15.
Calculating Interest Payment on a Bond. 1  1. Look at the bond's face value. It is typically $1,000 or a multiple of that amount. 2  2. Find the bond's coupon (interest) rate at the time it was issued. The rate is stated in the bond's paperwork. 3  3. Multiply the bond's face value by the coupon interest rate.