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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

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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