Question
1. Face value = $1,000 Interest payments are semi-annual Coca-Cola Enterprises has a 6-year, 6.75% bond with a yield to maturity of 5.3%. A. What
1. Face value = $1,000 Interest payments are semi-annual
Coca-Cola Enterprises has a 6-year, 6.75% bond with a yield to maturity of 5.3%.
A. What is the price of the bond?
B. Is the bond selling at a premium or a discount?
C. What is the current yield on this bond?
2. Ford Motor has a 16-year, 8.9% bond issue selling for $1,402.11.
A. What is the yield to maturity on this bond?
B. Is the bond selling at a premium or a discount?
C. What is the current yield on this bond?
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Securitisation Derivatives A Practioner's Handbook
Authors: Mark Aarons, Vlad Ender, Andrew Wilkinson
1st Edition
1119532272, 978-1119532279
