Question
5. How to read the bond market page The following is an excerpt from a bond price table. It shows data for bonds issued by
5. How to read the bond market page
The following is an excerpt from a bond price table. It shows data for bonds issued by three companies: BB&B, BellWest, and Fruitopia. The face value of each bond is $100.
Bonds | Cur Yld | Vol | Close | Net Chg |
---|---|---|---|---|
BB&B 6 1/2 13 | 6.8 | 95 | 9.5 | 0.9 |
BellWest 6 3/4 33 | 6.4 | 36 | 10.5 | 0.25 |
Fruitopia 10 1/2 09 | 9.7 | 2 | 10.8 |
The price of Fruitopias bond is [$95/$108/$111/$105].
[Bellwest's/Frutopia's/BB&B's bond] matures the earliest.
[Bellwest's/Frutopia's/BB&B's bond] was traded least actively.
If BB&B were to issue a bond on the same day this table appeared, with a face value of $100 and a maturity date of 2013, the annual coupon payment would need to be [$6.80/$6.40/$15.11/$9.70].
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