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1. What's is the current yield of a 3.8 percent coupon corporate bond quoted at a price of 102.08? (Round your answer to 2 decimal
1. What's is the current yield of a 3.8 percent coupon corporate bond quoted at a price of 102.08? (Round your answer to 2 decimal places.)
2A bond issued by Ford on May 15, 1997 is scheduled to mature on May 15, 2097. If today is November 16, 2014, what is this bonds time to maturity? (Use 365 days a year.) Time to maturity years and months
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