Question
Assume that today's date is April 15, 2015. The Fresh Bakery, Inc. bond is an annual-coupon bond. The par value of the bond is $5000.
Assume that today's date is April 15, 2015. The Fresh Bakery, Inc. bond is an annual-coupon bond. The par value of the bond is $5000. How much will you pay for the bond if you purchase the bond today? The answer should be calculated to two decimal places.
| Company | Price | Coupon Rate | Maturity Date | YTM | Current Yield | Rating |
| Fresh Bakery | 119.04 | 5.049 | 04-15-2026 | AA |
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The Handbook Of Hybrid Securities Convertible Bonds CoCo Bonds And Bail In
Authors: Jan De Spiegeleer, Wim Schoutens, Cynthia Van Hulle
1st Edition
1118449991, 978-1118449998
