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 current
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 current yield on the bond.
The answer should be calculated to two decimal places
| Company |
Price |
Coupon Rate | Maturity Date |
YTM | Current Yield |
Rating |
| Fresh Bakery | 112.476 | 8.63 | 04-15- 2040 |
| ? | AA |
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Dynamics Of International Finance
Authors: Ruchi Mehrotra Joshi
1st Edition
1685078389, 978-1685078386
