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2. Nike Inc. currently has an AA- rated (Standard & Poor's) corporate bond outstanding, with a coupon rate of 3.875%, paid semi-annually, due to
2. Nike Inc. currently has an AA- rated (Standard & Poor's) corporate bond outstanding, with a coupon rate of 3.875%, paid semi-annually, due to mature at 11/01/2045 (assume 21 full years), and callable in ten years (at a call price of $1,038). If the bond has a par value of $1,000 and is currently priced at $839.60, calculate: a. The bond's current yield b. The bond's yield to maturity C. The bond's yield to call
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Nike Bond Calculations a Current Yield The current yield is a simple calculation of the annual inter...
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Fixed Income Analysis
Authors: Barbara S. Petitt
5th Edition
1119850541, 978-1119850540
