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6. An XYZ April 2022 bond with a 5.84 percent coupon interest rate and a par value of $1,000 recently had a price of 102.668.
6. An XYZ April 2022 bond with a 5.84 percent coupon interest rate and a par value of $1,000 recently had a price of 102.668. Calculate the following: a. When will the bond mature? b. How much would you have to pay to purchase this bond? c. If you owned the bond, how much would someone have to pay to but it from you? d. What is the current yield, assuming a closing price of 102.54? a. The bond will mature in the year (Type a whole number.) b. To purchase this bond, you would have to pay (Round to the nearest cent.) c. If you owned the bond, the amount someone would have to pay to buy it from you is: (Select the best answer below.) O A. $1026.68, the same amount you would have to pay to purchase the bond. B. based on the ask price of the bond. Since the ask price is unknown the exacr dollar amount cannot be calculated. C. based on the bid price of the bond. Since the bid price is unknown the exact dollar amount cannot be calculated. OD. $1,000, the par value of the bond. d. The current yield is %. (Round to two decimal places.)
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