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Assume that Today is March 1, 2017 Type Issue Date Price Coupon Rate Maturity Date YTM Current Yield Rating 3Bs Bond Sept 2003 ? 7.5%
Assume that Today is March 1, 2017 | ||||||||
Type | Issue Date | Price | Coupon Rate | Maturity Date | YTM | Current Yield | Rating | |
3Bs Bond | Sept 2003 | ? | 7.5% | 9-01-2024 | 10% | ? | AAA
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Assume semi-annual interest payments and par value of the bond of $1000
What is the price (as of March 01, 2017) of the 3Bs bond?
What is the current yield of this bond?
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