The price of a bond is equal to the PV(coupon) plus PV(face value).
The price of a bond is equal to the present value of the sum of all the cashflows of the bond. The cashflows of the bond includes coupons and face value.
For example, if a two-year bond with annual coupon of $20 and a face value of 1000 and a discount rate of 10%.
Price = (20 / 1.10) + (20 / 1.10²) + (1000 / 1.10²) = 861.16
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