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 annual
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 annual coupon interest payments.The answer should be calculated to two decimal places.
Company- Fresh Bakery
Price- 128.996
Coupon Rate- 6.031
Maturity Date- 04-15- 2028
YTM- AA
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
