Question
Assume that today's date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond. Par value of the bond is $5,000. Calculate the
Assume that today's date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond.Par value of the bond is $5,000.
Calculate the bond's current yield.
Round the answers to two decimal places in percentage form.
Company: Fresh Bakery
Price: 125.910
Coupon Rate: 10.461
Maturity Date: 04-15-2024
YTM: -
Current Yield: ?
Rating: AA
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
7th Edition
013213683X, 978-0132136839
