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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Quantitative Financial Risk Management
Authors: Constantin Zopounidis, Emilios Galariotis
1st Edition
1118738187, 978-1118738184
