Question
Assume its face value is $2,000 and coupons are paid semi-annually. Sample Wall Street Journal Bond Quotation Corporate Bonds September 23, 2022 Issuer name Coupon
Assume its face value is $2,000 and coupons are paid semi-annually.
Sample Wall Street Journal Bond Quotation | |||||||
Corporate Bonds | |||||||
September 23, 2022 | |||||||
Issuer name | Coupon | Maturity | Rating Moody's / S&P/ Fitch | Last | Change | Yield % | EST SPREAD |
GENERAL ELECTRIC CAPITAL CORP | ??? | Dec 2026 | Aa/AA/- | 114.07 | -3.20 | 3.053 | 255 |
Using the information above,
How much is the coupon payment each period for GE?
What is the annual coupon rate for GE bond?
What is the current yield for GE?
Today, 94days have passed since the last coupon payment was made. What is the actual price that you would have to pay for GE if there are 182 days in the coupon period?
If the given yield to maturity is the nominal rate and the inflation rate is currently 6.2%, what is the real rate of return? Use the Fisher effect for accurate results.
Answer without a Financial Calculator Please
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