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 bond's
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.(Write the percentage sign in the "units" box).
| Company |
Price |
Coupon Rate | Maturity Date |
YTM | Current Yield |
Rating |
| Fresh Bakery | 124.594 | 8.678 | 04-15-2039 | - | ? | AA |
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
