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. How much
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. How much you will pay for the bond if you purchased the bond today? The answer should be calculated to two decimal places
| Company Fresh Bakery | Price 96.130 | Coupon Rate 10.397 | Maturity Date 04-15- 2024 | YTM - | Current Yield - | Rating AA |
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
7th Edition
0321122356, 978-0321122353
